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6715 SW Multnomah Blvd 0.62 Acres of Commercial Land Offered at $1,200,000 in Portland, OR 97223
EXECUTIVE SUMMARY
Com zoned property ready for redeployment. Drawings and plans are included in sale and ready for submittal. Property currently has 2 tenants occupying the property, paying rent.
FINANCIAL SUMMARY (ACTUAL - 2022) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Gross Rental Income |
$54,000
|
$86,483.02
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$54,000
|
$86,483.02
|
| Taxes |
$8,625
|
$13,813.26
|
| Operating Expenses |
$3,000
|
$4,804.61
|
| Total Expenses |
$11,625
|
$18,617.87
|
| Net Operating Income |
$42,375
|
$67,865.15
|
FINANCIAL SUMMARY (ACTUAL - 2022)
| Gross Rental Income | |
|---|---|
| Annual | $54,000 |
| Annual Per AC | $86,483.02 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $54,000 |
| Annual Per AC | $86,483.02 |
| Taxes | |
|---|---|
| Annual | $8,625 |
| Annual Per AC | $13,813.26 |
| Operating Expenses | |
|---|---|
| Annual | $3,000 |
| Annual Per AC | $4,804.61 |
| Total Expenses | |
|---|---|
| Annual | $11,625 |
| Annual Per AC | $18,617.87 |
| Net Operating Income | |
|---|---|
| Annual | $42,375 |
| Annual Per AC | $67,865.15 |
PROPERTY FACTS
| Price | $1,200,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.62 AC |
| Property Type | Land | ||
| Zoning | R-1 - low-density residential areas | ||
| Price | $1,200,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.62 AC |
| Zoning | R-1 - low-density residential areas |
1 LOT AVAILABLE
Lot
| Price | $1,200,000 | Lot Size | 0.62 AC |
| Price Per AC | $1,921,977.33 |
| Price | $1,200,000 |
| Price Per AC | $1,921,977.33 |
| Lot Size | 0.62 AC |
Com zoned property ready for redeployment. Drawings and plans are included in sale and ready for submittal. Property currently has 2 tenants occupying the property, paying rent.
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6715 SW Multnomah Blvd
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