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Riverview Apartments 12425 SE River Rd 40 Unit Apartment Building For Sale Milwaukie, OR 97222
Executive Summary
• Milwaukie location, near Portland’s city limits and the MAX Orange Line, McLoughlin Blvd, and Hwy 224
• 13 on-site garages, uncommon in this submarket
• Original interior finishes in majority of units offer value-add upside to market rents
• Limited new multifamily supply in the submarket
• 40-unit scale attractive to both regional and institutional buyers
• 13 on-site garages, uncommon in this submarket
• Original interior finishes in majority of units offer value-add upside to market rents
• Limited new multifamily supply in the submarket
• 40-unit scale attractive to both regional and institutional buyers
Property Facts
| Sale Type | Investment | Lot Size | 2.41 AC |
| No. Units | 40 | Building Size | 38,025 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1978 |
| Apartment Style | Low-Rise | Parking Ratio | 0.84/1,000 SF |
| Building Class | C | ||
| Zoning | R-HD - High-Density Residential | ||
| Sale Type | Investment |
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.41 AC |
| Building Size | 38,025 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 0.84/1,000 SF |
| Zoning | R-HD - High-Density Residential |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Patio
Site Amenities
- Laundry Facilities
- Property Manager on Site
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 00020756 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,537,592 |
Property Taxes
Parcel Number
00020756
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,537,592
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Riverview Apartments | 12425 SE River Rd
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