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Tree Hill Commons 4004-4050 SW Beaverton Hillsdale Hwy 20 Unit Apartment Building $3,800,000 ($190,000/Unit) 5.93% Cap Rate Portland, OR 97221

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EXECUTIVE SUMMARY

Price Reduction!
20 unit apartment community is desirable SW Portland. Property has a long history of high occupancy and benefits from is close proximity to shopping and restaurants in Hillsdale. Amenities include 8 garages and washer/dryer hookups in all units. Many units have updated flooring, but additional upgrades would yield higher rent.

PROPERTY FACTS

Price $3,800,000
Price Per Unit $190,000
Sale Type Investment
Cap Rate 5.93%
No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.91 AC
Building Size 18,696 SF
Average Occupancy 100%
No. Stories 3
Year Built 1993
Parking Ratio 1.35/1,000 SF
Zoning R2, Portland

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Storage Space
  • Washer/Dryer
  • Deck
  • Dining Room
  • Patio

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 10 $1,295 650
2+2 10 $1,510 800

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R169305
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,992,570
  • Listing ID: 36190366

  • Date on Market: 6/10/2025

  • Last Updated:

  • Address: 4004-4050 SW Beaverton Hillsdale Hwy, Portland, OR 97221

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