7002-7140 N Alta Ave | Portland, OR 97203
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7002-7140 N Alta Ave
Portland, OR 97203
The Bridgecrest Apartments · Multifamily Property For Sale
·
35 Units
INVESTMENT HIGHLIGHTS
- Option for Seller Financing, for highly qualified investors.
- Large & Unique floor plans with significant upside in the rents and opportunity for additional growth.
- High demand and strong tenant base, with many long-term residents.
- Rare opportunity to invest in the strong performing St. Johns Apartment Market.
- Large, oversized balconies on select units - many units have spectacular views of St. Johns Bridge
- Operational value-add opportunities, immediate ability to drive future revenue through strategic and more aggressive management.
PROPERTY FACTS
| No. Units | 35 | Lot Size | 0.87 AC |
| Property Type | Multifamily | Building Size | 28,200 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1972 |
| Building Class | C | ||
| Zoning | RM2 | ||
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.87 AC |
| Building Size | 28,200 SF |
| No. Stories | 2 |
| Year Built | 1972 |
| Zoning | RM2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | $1,058 | 359 - 390 |
| 1+1 | 19 | $1,304 | 675 - 824 |
| 2+1 | 14 | $1,537 | 938 - 941 |
PROPERTY TAXES
| Parcel Number | R191934 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,838,600 |
PROPERTY TAXES
Parcel Number
R191934
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,838,600
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