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400 SE 196TH Ave
Portland, OR 97233
 Ponderosa Apartments · Multifamily Property For Sale · 17 Units

Apartment Buildings Oregon Portland 400 SE 196TH Ave, Portland, OR 97233

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
 

  • Listing ID: 16073905

  • Date on Market: 5/16/2019

  • Last Updated:

  • Address: 400 SE 196TH Ave, Portland, OR 97233

More public record information on 400 SE 196TH Ave, Portland, OR 97233

The Rockwood Multifamily Property at 400 SE 196TH Ave, Portland, OR 97233 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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