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3755 N Williams Ave
Portland, OR 97227
Soleil Apartments · Multifamily Property For Sale
·
31 Units
INVESTMENT HIGHLIGHTS
- Brand New 2024 Construction, Currently in Lease Up
- Floor to Ceiling Windows, Modern Design with Open Floorplans
- Walking Distance to Multiple TriMet Lines as well as Local Restaurants and Retailers
- Each Unit Includes a Washer & Dryer, Gas Range, Quartz Countertops, and Stainless Steel Appliances
- Building Includes a Spacious Central Resident Courtyard, Free Bike Parking, and Secure Entry
- Located Near Major Employers Such As Adidas, Daimler, and Kaiser Permanente
EXECUTIVE SUMMARY
30 Unit Apartment Complex with Retail in North Portland
2024 Construction • Studio and 1 Bed Unit Mix • Modern Design
--------------------
Sale Price: $6,000,000 ($186,834/Unit*)
*Reflective of Price per Unit Less Retail Value
Proforma CAP Rate: 5.47%
Units: 30 Units with Studio & 1 Bedroom Mix
Rentable Building Area: 12,092 SF
Gross Building Area: 16,546 SF
2024 Construction • Studio and 1 Bed Unit Mix • Modern Design
--------------------
Sale Price: $6,000,000 ($186,834/Unit*)
*Reflective of Price per Unit Less Retail Value
Proforma CAP Rate: 5.47%
Units: 30 Units with Studio & 1 Bedroom Mix
Rentable Building Area: 12,092 SF
Gross Building Area: 16,546 SF
PROPERTY FACTS
| Price Per Unit | $193,548 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | A |
| Cap Rate | 5.47% | Lot Size | 0.13 AC |
| No. Units | 31 | Building Size | 16,546 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2023 |
| Zoning | CM3 | ||
| Price Per Unit | $193,548 |
| Sale Type | Investment |
| Cap Rate | 5.47% |
| No. Units | 31 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 0.13 AC |
| Building Size | 16,546 SF |
| No. Stories | 4 |
| Year Built | 2023 |
| Zoning | CM3 |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Washer/Dryer
- Kitchen
- Tub/Shower
- Walk-In Closets
SITE AMENITIES
- Courtyard
- Grill
- Package Service
- Bicycle Storage
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 13 | - | 346 |
| 1+1 | 18 | - | 445 |
PROPERTY TAXES
| Parcel Number | R103313 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,328,330 |
PROPERTY TAXES
Parcel Number
R103313
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,328,330
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