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3301 SE Division St
Portland, OR 97202
Artisan Apartments · Multifamily Property For Sale
·
54 Units
Investment Highlights
- Recently Stabilized, Core+ Assets: Offering a turn-key investment opportunity
- Portfolio Allows for Management Efficiencies: 1.5-mile proximity allows for sharing of on-site management, maintenance personnel
- WALKER’S/BIKER’S PARADISE: 92-96 WALK SCORE, 100 BIKE SCORE
- Strong Lease Trade-Outs on Turnover: Initial rent levels discounted along with concessions to facilitate lease-up
- Close-In SE Portland: Bustling SE Division Corridor and Historic Ladd’s Addition benefit from growth away from downtown core
- Retail & Live/Work Component at Abernethy Flats: Provides additional NOI streams
Property Facts
| No. Units | 54 | Lot Size | 0.37 AC |
| Property Type | Multifamily | Building Size | 50,000 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2020 |
| Building Class | B | ||
| Zoning | CM2 - Commercial Mixed Use 2 | ||
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.37 AC |
| Building Size | 50,000 SF |
| No. Stories | 4 |
| Year Built | 2020 |
| Zoning | CM2 - Commercial Mixed Use 2 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Freezer
- Window Coverings
- Floor to Ceiling Windows
Site Amenities
- 24 Hour Access
- Controlled Access
- Property Manager on Site
- Tenant Controlled HVAC
- Gas Range
- On-Site Retail
- Package Service
- Storage Space
- Bicycle Storage
- Car Charging Station
- Elevator
- Online Services
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 26 | - | 504 - 526 |
| 1+1 | 28 | - | 634 - 723 |
Property Taxes
| Parcel Number | R293180 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,526,830 |
Property Taxes
Parcel Number
R293180
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$5,526,830
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