1833 SE 6th St | Gresham, OR 97080
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- LoopNet Team
1833 SE 6th St
Gresham, OR 97080
Edison Apartments · Multifamily Property For Sale
·
64 Units
INVESTMENT HIGHLIGHTS
- New Construction 64 Units - Fully leased and stabilized
- Highly desirable unit mix - 60 of 64 units are two bedroom/two bath at over 900 SF average
- Gresham has excellent market fundamentals
- Immediate rental upside- Current rents are 10-15% lower than market
- Excellent suburban Portland location - near light rail
PROPERTY FACTS
| No. Units | 64 | Building Size | 69,880 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 2020 |
| Building Class | B | Parking Ratio | 2.05/1,000 SF |
| Lot Size | 2.69 AC | ||
| Zoning | MDR24 | ||
| No. Units | 64 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 2.69 AC |
| Building Size | 69,880 SF |
| Average Occupancy | 92% |
| No. Stories | 3 |
| Year Built | 2020 |
| Parking Ratio | 2.05/1,000 SF |
| Zoning | MDR24 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Deck
- Double Pane Windows
- Freezer
- Patio
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Picnic Area
- Playground
- Security System
- Video Patrol
- Storage Space
- Online Services
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | $1,345 | 777 |
| 1+2 | 2 | $1,495 | 478 |
| 2+2 | 60 | $1,774 | 890 - 957 |
PROPERTY TAXES
| Parcel Number | R339446 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $6,479,620 |
PROPERTY TAXES
Parcel Number
R339446
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$6,479,620
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