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Alcove Hollywood 1521 NE 41st Ave 54 Unit Apartment Building $6,000,000 ($111,111/Unit) 6.88% Cap Rate Portland, OR 97232
Property Facts
| Price | $6,000,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $111,111 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 6.88% | Building Size | 54,000 SF |
| No. Units | 54 | Average Occupancy | 96% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2016 |
| Zoning | CX - Commercial Mixed-Use | ||
| Price | $6,000,000 |
| Price Per Unit | $111,111 |
| Sale Type | Investment |
| Cap Rate | 6.88% |
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 54,000 SF |
| Average Occupancy | 96% |
| No. Stories | 4 |
| Year Built | 2016 |
| Zoning | CX - Commercial Mixed-Use |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Kitchen
- Refrigerator
- Wheelchair Accessible (Rooms)
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Elevator
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 54 | - | 162 - 200 |
Exceptionally walkable
100/100
Fairly drivable
50/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | R251873 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,639,610 |
Property Taxes
Parcel Number
R251873
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,639,610
Contacts
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Dylan Simon -
JD Fuller -
Clay Newton -
Jordan Carter -
Jerrid Anderson -
Winslow Lee -
Kidder Mathews
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Alcove Hollywood | 1521 NE 41st Ave
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