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232 NE 61st Ave
Portland, OR 97213 North Tabor

$3,999,900 USD

Apartments For Sale • 12,240 SF

Property Details

Property Type Apartments
Total Building Size 12,240 SF
Lot Size 0.15 AC
Building Class B
Year Built 2024
Cap Rate 5.45 %
Zoning R2

67 Transit Score

79 Walk Score

                
                    Highlights
                
                                FULLY LEASED + STABLIZIED
                            
                                NEW CONSTRUCTION
                            
                                QUALITY FINISH 
                            
                                POPULAR TABOR LOCATION!

Property Flyers

Offering Memorandum

Financial Summary (Actual)

Net Operating Income: $217,993 USD (2023)

Cap Rate:	5.45 %
Total Expenses:	$59,072 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Portland (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak)	10 min	-	5.2 mi
Transit/Subway	Drive	Walk	Distance
Ne 60Th (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))	7 min	7 min	0.4 mi
Airport	Drive	Walk	Distance
Portland International	15 min	-	8.1 mi

Darryl Bodle II 503-709-4632 Keller Williams Realty, Portland Premiere

232 NE 61st Ave Portland, OR 97213 North Tabor