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400 SE 196TH Ave
Portland, OR 97233
Ponderosa Apartments · Multifamily Property For Sale
·
17 Units
Property Facts
| No. Units | 17 | Building Size | 11,927 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1975 |
| Building Class | C | Parking Ratio | 2.1/1,000 SF |
| Lot Size | 0.57 AC | ||
| Zoning | MDR24 | ||
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.57 AC |
| Building Size | 11,927 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1975 |
| Parking Ratio | 2.1/1,000 SF |
| Zoning | MDR24 |
Amenities
Unit Amenities
- Washer/Dryer Hookup
- Deck
- Patio
About 400 SE 196TH AVE , PORTLAND, OR 97233
- Pro Forma Cap Rate of 7.93% - Steps from Rockwood Rising Development - Immediate Upside via Bringing Rents to Market and Instituting RUBs - Long Term Upside via Continued Submarket Revitalization and Updating of Dated Interiors - Well-Maintained Asset with New Membrane Roof in 2018 - Ten Miles East of Downtown Portland - Two and One Half Miles From Gresham City Center - Half Mile From MAX Lightrail Station - Walk Score of 70 “Very Walkable” - Ten+ Restaurants/Coffee Shops Within Half Mile
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 11 | - | - |
| 2+1 | 6 | - | - |
Property Taxes
| Parcel Number | R151863 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,028,720 |
Property Taxes
Parcel Number
R151863
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,028,720
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