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240-278 W Arlington St
Gladstone, OR 97027
Arlington Apartments · Multifamily Property For Sale
·
20 Units
PROPERTY FACTS
| No. Units | 20 | Lot Size | 0.30 AC |
| Property Type | Multifamily | Building Size | 12,800 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1966 |
| Building Class | C | Parking Ratio | 1.88/1,000 SF |
| Zoning | N/Av | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 12,800 SF |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 1.88/1,000 SF |
| Zoning | N/Av |
AMENITIES
UNIT AMENITIES
- Disposal
- Fireplace
- Ceiling Fans
ABOUT 240-278 W ARLINGTON ST , GLADSTONE, OR 97027
The Arlington Apartments represents a rare opportunity to acquire a value-add property with a substantial amount of upside in one of Portland’s fastest-growing submarkets. The Arlington Apartments is located in the rapidly growing city of Gladstone, Oregon blocks away from Highway 99 and a short drive to the MAX Orange line to downtown Portland. The Orange Line is the newest MAX line added to the Portland metro area’s nationally recognized public transportation system. The property is conveniently located within walking distance of numerous retail options, restaurants and grocery stores including a Walgreens and new 24 Hour Fitness. A total 13 units at The Arlington Apartments have been fully renovated, with finished counters, laminate flooring, refurbished cabinets, and new paint. The property has the potential to increase income through the addition of on-site laundry services.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 16 | - | 600 |
| 2+1 | 4 | - | 800 |
PROPERTY TAXES
| Parcel Number | 00541630 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,369,558 |
PROPERTY TAXES
