This Multifamily Property is no longer advertised on LoopNet.com.

2405 N Vancouver Ave
Portland, OR 97227
Brio Flats · Multifamily Property For Sale · 54 Units

Investment Highlights

  • Close Proximity to Major Employers – There are over 41,000 jobs within one mile and over 290,000 jobs within three miles.
  • Eco-Conscious Bike-Centric Location – The property has several multi-modal transportation options with quick access to many areas.
  • Underground Secured-Access Parking – Brio Flats is unique with 14 parking stalls, a ratio of .26, in a secure-access garage.
  • Desirable North William’s Corridor – North Portland’s most appealing neighborhood with incredible shopping, dining and entertainment.
  • No Retail Component – Brio Flats is a pure multifamily play in the currently challenging retail environment.
  • Completed Cost Segregation Study – A full cost segregation study has been completed and is included as part of the sale.

Property Facts

No. Units 54
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.28 AC
Building Size 54,000 SF
Average Occupancy 100%
No. Stories 5
Year Built 2018
Parking Ratio 0.26/1,000 SF
Zoning RH

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Kitchen
  • Ice Maker
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Views
  • Freezer

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Gated
  • Furnished Units Available
  • Recycling
  • Bicycle Storage
  • Elevator
  • Online Services
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 10 - -
1+1 34 - -
2+1 10 - -

Property Taxes

Property Taxes

Parcel Number
R102576
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,251,020
  • Listing ID: 22787899

  • Date on Market: 4/20/2021

  • Last Updated:

  • Address: 2405 N Vancouver Ave, Portland, OR 97227

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