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2910-2920 SW Dolph Ct
Portland, OR 97219
Dolph Court Apartments & Offices · Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- Mixed-use opportunity, 12 apartments + 4 professional offices spaces
- Rental upside opportunity through continued interior upgrades at turnovers
- Central SW Portland location
- Strong operations in place with low vacancy in 2019
- Long term commercial tenants in place
- Nearby to many amenities on SW Barbur Blvd, Multnomah Village (0.5 miles), & downtown Portland (less than 5 miles)
PROPERTY FACTS
| No. Units | 16 | Lot Size | 0.61 AC |
| Property Type | Multifamily | Building Size | 14,432 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1979 |
| Building Class | C | Parking Ratio | 1.8/1,000 SF |
| Zoning | CG | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.61 AC |
| Building Size | 14,432 SF |
| No. Stories | 2 |
| Year Built | 1979 |
| Parking Ratio | 1.8/1,000 SF |
| Zoning | CG |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Fireplace
- Storage Space
- Kitchen
- Range
- Tub/Shower
SITE AMENITIES
- Laundry Facilities
ABOUT 2910-2920 SW DOLPH CT , PORTLAND, OR 97219
The Dolph Court Apartments & Offices present a rare opportunity to acquire a mixed-use property in a centrally located and stabilized SW Portland neighborhood. The property is well positioned to attract both urban and suburban tenants, with easy access into downtown Portland via Barbur Blvd. The property is located near many amenities along SW Barbur, as well as 0.5 miles from the popular Multnomah Village. The property features 1 bedroom and 2 bedroom apartments, along with a separate building comprised of 4 commercial office spaces. The property is professionally managed with strong operations in place, but provides a new owner the opportunity to continue to upgrade and raise rents at turnovers. Stable asset that will continue to cater to a strong demand of renters in the SW Portland apartment market. Strong rent collections for April and May 2020.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $1,025 | 750 |
| 2+1 | 8 | $1,153 | 920 |
| Studios | 4 | $1,310 | - |
PROPERTY TAXES
| Parcel Number | R211294 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,379,200 |
PROPERTY TAXES
