Log In/Sign Up
Your email has been sent.
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
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.
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 | Building Class | C |
| Price Per Unit | $190,000 | Lot Size | 0.91 AC |
| Sale Type | Investment | Building Size | 18,696 SF |
| Cap Rate | 5.93% | Average Occupancy | 100% |
| No. Units | 20 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1993 |
| Property Subtype | Apartment | Parking Ratio | 1.35/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R2, Portland | ||
| 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
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | $1,295 | 650 |
| 2+2 | 10 | $1,510 | 800 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R169305 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,992,570 |
Property Taxes
Parcel Number
R169305
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,992,570
1 of 16
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
Tree Hill Commons | 4004-4050 SW Beaverton Hillsdale Hwy