Eleven unit apartment community with history of high occupancy and cash flow. Priced at a 5.75% cap rate on 2024 financials. Many recent property updates and off street parking has helped the property maintain 98% occupancy over the last two years. Owner is a real estate broker in Oregon.
Listing Provided Courtesy of Glenna Cooke, GA Cooke Real Estate Services
General Information
617529654
30
DOM
3
0.29 acres
2
6300
1970
multi
Multnomah
R117980
Grout 3/10
Hosford
Cleveland 5/10
MultiFamily
BOISES ADD, BLOCK 12, LOT 20-24
Listing Provided Courtesy of Glenna Cooke, GA Cooke Real Estate Services
Krishna Realty data last checked: Jul 25, 2025 04:31 | Listing last modified May 17, 2025 16:15,
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Residence Information
6300
3
2
Composition
OffStreet
3
1970
No
T111Siding
Slab
Features and Utilities
Electricity
WallHeater
PublicSewer
Electricity
Electricity
Financial
18527.58
Sewer,TrashCollection,Water
Cash,Conventional
04-18-2025
No
No
Comparable Information
30
98
Cash,Conventional
$1,995,000
$1,975,000
May 17, 2025 16:15
Schools
public Elementary : Grout
3/10Ratings Middle : Hosford N/ARatingspublic High : Cleveland
5/10Ratings
Eleven unit apartment community with history of high occupancy and cash flow. Priced at a 5.75% cap rate on 2024 financials. Many recent property updates and off street parking has helped the property maintain 98% occupancy over the last two years. Owner is a real estate broker in Oregon.
