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2735 SE 125th Ave
Portland, OR 97236
Multifamily Property For Sale
·
10 Units
PROPERTY FACTS
| No. Units | 10 | Building Size | 9,840 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1994 |
| Building Class | C | Parking Ratio | 2.2/1,000 SF |
| Lot Size | 0.64 AC | ||
| Zoning | R1 | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.64 AC |
| Building Size | 9,840 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1994 |
| Parking Ratio | 2.2/1,000 SF |
| Zoning | R1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Storage Space
- Washer/Dryer Hookup
ABOUT 2735 SE 125TH AVE , PORTLAND, OR 97236
The opportunity: Well maintained 10 plex with pride of ownership evident. One of the few remaining value add properties left for this market cycle, increase NOI by bringing rents up to market rates, putting utility bill-backs in place and charging for garage use and potentially convert oversized 984 sf units from 2 to 3 bedrooms. See attached OM for financials, current 5 cap proforma 8 cap. The property: A quite, off street setting in Portland's SE side. Close to major transport, groceries, malls, and major amenities. Large 984 SF 2 bed 2 bath units with washer/dryer and balcony in every unit with large garages for cars/storage and ample paved parking for guests. Brand new 50 year architectural roofs installed on all structures in 2019. 100% occupancy with lease expiration coming in 2020 for most units.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 10 | - | 984 |
PROPERTY TAXES
| Parcel Number | R334068 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,032,540 |
PROPERTY TAXES
