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Land For Sale • 0.27 AC
Long time established, Food Cart property with stable tenants producing an approximate 7.5% CAP Rate. Minimal maintenance compared to other real estate investment types. Eleven Food Carts generating $1,050 rent per month for each Food Cart. Busy signalized intersection at SE Stark Street & SE 102nd Avenue with Starbucks, Chevron and Bank of America on other corners. Buy now for income and develop later, as near and long-term investment opportunity.
| Eleven Food Carts generating $1,050 rent per month for each Food Cart |
| Similar to mobile home park or apartments, but without maintenance |
| Strong 7.5% CAP Rate |
| Stable Tenants / Long Term |
| Busy Signalized SE Stark St Intersection Corner Property |
| Income Property with Future Development Opportunity |
| Transit/Subway | Drive | Walk | Distance |
|---|---|---|---|
| E 102nd (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) | 2 min | 5 min | 0.2 mi |
| SE Main Street (MAX Green Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) | 2 min | 14 min | 0.6 mi |
| Gateway/NE 99th Transit Center (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Green Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) | 4 min | 20 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| Portland International | 12 min | - | 7.0 mi |
John Kennedy
Pacific Real Estate Investments, LLC
John Kennedy
Pacific Real Estate Investments, LLC
