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Lancaster Park Townhomes - Building 11 125 - 163 SW Lancaster 5 Unit Apartment Building $2,132,500 ($426,500/Unit) 5% Cap Rate Troutdale, OR 97060

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INVESTMENT HIGHLIGHTS

  • Fee Simple Townhomes - 2 Buildings Sold Together or Separate
  • Conveniently located near Hwy 30
  • Each has 3 bedrooms, 2.5 bathrooms & 2 Car Attached Garage
  • Units Feature Spacious Floorplans, Contemporary Design, and Modern Finishes
  • Minutes to PDX Airport, Troutdale Outlets, Multnomah Falls, and more!

EXECUTIVE SUMMARY

New-Construction Multifamily Investment in Troutdale, OR
Townhome Building Investment Opportunity • 5 Units Total • Flexible Sale Options, Buy All or Individual Units
Near Troutdale Airport and Major Employers
Sale Price: $2,132,500 ($426,500 / Unit)
Interior Unit Price: $421,733
Exterior Unit Price: $433,123
Number of Units: 5
Proforma NOI: $106,633
Proforma CAP: 5.00%
Construction Date: 2023
Unit Mix: 3 bed/2.5 bath
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Property Features:
• New-Construction Multifamily Investment in Troutdale, OR
• 5 Units with 3 bedrooms & 2.5 bathrooms
• Units Feature Spacious Floorplans, Contemporary Design, and Modern Finishes
• Conveniently located near Hwy 30
• Close to Major Employers such as, Amazon, FedEx, and Boeing
• Minutes to PDX Airport, Troutdale Outlets, Multnomah Falls, and more!

PROPERTY FACTS

Price $2,132,500
Price Per Unit $426,500
Sale Type Investment
Cap Rate 5%
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 0.05 AC
Building Size 7,858 SF
No. Stories 2
Year Built 2023
Zoning R4

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2.5 5 - 1,566 - 1,580
  • Listing ID: 28606751

  • Date on Market: 5/30/2023

  • Last Updated:

  • Address: 125 - 163 SW Lancaster, Troutdale, OR 97060

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