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The Tristan 1415 SE Pardee St 44 Unit Apartment Building For Sale Portland, OR 97202
INVESTMENT HIGHLIGHTS
- SE Portland - Brooklyn Neighborhood New Construction
EXECUTIVE SUMMARY
Fee Simple
Stabilized Investment - 100% Occupancy
Modern Design
Urban Living - Numerous Tenant Amenities
Low tenant turnover
Local Ownership & Management
5 Story apartment building
New Construction 2019
Brooklyn Neighborhood - Blue Chip Location
Secured Parking
Stabilized Investment - 100% Occupancy
Modern Design
Urban Living - Numerous Tenant Amenities
Low tenant turnover
Local Ownership & Management
5 Story apartment building
New Construction 2019
Brooklyn Neighborhood - Blue Chip Location
Secured Parking
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$759,000
|
$15.18
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$759,000
|
$15.18
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$260,400
|
$5.21
|
| Net Operating Income |
$498,600
|
$9.97
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $759,000 |
| Annual Per SF | $15.18 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $759,000 |
| Annual Per SF | $15.18 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $260,400 |
| Annual Per SF | $5.21 |
| Net Operating Income | |
|---|---|
| Annual | $498,600 |
| Annual Per SF | $9.97 |
PROPERTY FACTS
| Sale Type | Investment | Building Class | A |
| No. Units | 44 | Lot Size | 0.25 AC |
| Property Type | Multifamily | Building Size | 50,000 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2019 |
| Zoning | CG - CM2 | ||
| Sale Type | Investment |
| No. Units | 44 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.25 AC |
| Building Size | 50,000 SF |
| No. Stories | 4 |
| Year Built | 2019 |
| Zoning | CG - CM2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Kitchen
- Stainless Steel Appliances
- Tub/Shower
SITE AMENITIES
- Controlled Access
- Media Center/Movie Theatre
- Bicycle Storage
- Lounge
- Multi Use Room
- Pet Washing Station
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 16 | - | 367 - 671 |
| 1+1 | 20 | - | 524 - 791 |
| 2+2 | 8 | - | 926 - 938 |
Walk Score®
Very Walkable (79)
Bike Score®
Biker's Paradise (95)
PROPERTY TAXES
| Parcel Number | R143025 | Improvements Assessment | $0 (2025) |
| Land Assessment | $0 (2025) | Total Assessment | $4,156,190 (2025) |
PROPERTY TAXES
Parcel Number
R143025
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$4,156,190 (2025)
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The Tristan | 1415 SE Pardee St
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