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Laurelhurst Studios 3327 NE Sandy Blvd 18 Unit Apartment Building $2,076,000 ($115,333/Unit) 6.36% Cap Rate Portland, OR 97232

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EXECUTIVE SUMMARY

MAJOR PRICE IMPROVEMENT
18 UNIT STUDIO APT PLEX.. MINT CONDITION, REBUILT FROM STUDS IN 2016
Laurelhurst Studios provide new contemporary living spaces close to the city core for urbanites & bike enthusiasts. Designed to maximize comfort & efficiency, these studios are reminiscent of what you might find in a thriving European metropolis. The lush courtyard was designed to be an extension of each flat, providing a complimentary gas BBQ, community seating, and bamboo plantings which highlight clean architectural lines.

PROPERTY FACTS

Price $2,076,000
Price Per Unit $115,333
Sale Type Investment
Cap Rate 6.36%
No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.38 AC
Building Size 10,800 SF
Average Occupancy 94%
No. Stories 2
Year Built 2013
Zoning CM3 - The CM3 zone is a large-scale, commercial mixed use zone intended for sites close to the Central City, in high-capacity transit station areas or t

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Tub/Shower
  • Wheelchair Accessible (Rooms)

SITE AMENITIES

  • Laundry Facilities
  • Grill

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 18 - 600
Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R203040
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,201,790
  • Listing ID: 34426302

  • Date on Market: 1/9/2025

  • Last Updated:

  • Address: 3327 NE Sandy Blvd, Portland, OR 97232

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