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The Forest Retreat 2615-2631 SE 111th Ave 20 Unit Apartment Building $3,250,000 ($162,500/Unit) Portland, OR 97266
Executive Summary
~ Forest Retreat Apartments ~
- Charming Mix of 1-Bedroom & 2-Bedroom, 1-Bath Units
- Units Include Off-Street Parking, Patio/Balcony, Carpet, and Vinyl Flooring
- Located in SE Portland, OR: Close Proximity to Numerous Amenities
- Walk Score of 65: "Somewhat Walkable"
- Bike Score of 81: "Very Bikeable"
- Many Recent Upgrades Inside & Out Including New TPO Roof, New Vinyl Windows, and New Asphalt Parking Lot
~ Call or Email for Details ~
- Charming Mix of 1-Bedroom & 2-Bedroom, 1-Bath Units
- Units Include Off-Street Parking, Patio/Balcony, Carpet, and Vinyl Flooring
- Located in SE Portland, OR: Close Proximity to Numerous Amenities
- Walk Score of 65: "Somewhat Walkable"
- Bike Score of 81: "Very Bikeable"
- Many Recent Upgrades Inside & Out Including New TPO Roof, New Vinyl Windows, and New Asphalt Parking Lot
~ Call or Email for Details ~
Property Facts
| Price | $3,250,000 | Building Class | C |
| Price Per Unit | $162,500 | Lot Size | 0.85 AC |
| Sale Type | Investment | Building Size | 16,512 SF |
| No. Units | 20 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1968 |
| Property Subtype | Apartment | Parking Ratio | 1.82/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R5A | ||
| Price | $3,250,000 |
| Price Per Unit | $162,500 |
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.85 AC |
| Building Size | 16,512 SF |
| No. Stories | 2 |
| Year Built | 1968 |
| Parking Ratio | 1.82/1,000 SF |
| Zoning | R5A |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 600 |
| 2+1 | 16 | - | 800 |
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Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $1,079,360 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,079,360
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