Property Description

Modern construction. 30 unit apartment complex located in the Glenfair neighborhood of Portland. Units are all 2 bed / 1 bath. Stable low vacancy that benefit from the dependably strong lease-up of 2/1 units in the area. Less than a 2-min walk from a light rail station. Walk score 65, bike score 79. Under market rents with area rent trend analysis trending upwards. CapEx available. Seller is a Licensed Real Estate Broker in the State of Oregon

Listing Provided Courtesy of

Features
: Baseboard
: Composition
: Publicsewer
Address Map
US
Oregon
Multnomah
Portland
97233
148TH
300
AVE
W123° 29' 23.6''
N45° 31' 13.7''
Stark or Burnside to 148th Property is on the East
MLS Info
Glenfair
David Douglas
H.B. Lee
SMIC01
SMI Commercial Real Estate LLC
FullService
Cash,Conventional
R109801
Approximately
3
SE
2021
$32,878
0
PublicWater
RM3
0 Sqft
Branton Plaster
PLASTERB
28/03/2023 12:53:57

Multifamily

300 148TH AVE, Portland 97233

23,664 Sqft
$5,500,000
Listing ID #22247283
Basic Details
Property Type : Multifamily
Listing Type : For Sale
Listing ID : 22247283
Price : $5,500,000
Square Footage : 23,664 Sqft
Year Built : 2010
Days On Market : 463
Building Area Total : 23,664 Sqft
Status : Active
Agent info
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