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2610-2618 NE Clackamas St
Portland, OR 97232 Sullivan's Gulch

$900,000 USD

Apartments For Sale  •  3,926 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,926 SF
  • Lot Size 0.11 AC
  • Building Class C
  • Year Built 1969
  • Cap Rate 5.97 %
  • Zoning R2.5
59 Transit Score
92 Walk Score

Highlights

Quiet, tree-lined street
Large units
Off street parking
Easy access to public transportation
Updated units
Professionally managed

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $53,701 USD (2023)
Cap Rate: 5.97 %
Total Expenses: $32,624 USD

Amenities

  • Dishwasher
  • Fireplace
  • Laundry Facilities
  • Pet Play Area
  • Recycling
  • Smoke Free
  • Hardwood Floors
  • Refrigerator
  • Range
  • Carpet
  • Double Pane Windows
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
Portland (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak) 7 min - 2.4 mi
Vancouver (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak) 19 min - 9.5 mi
Transit/SubwayDriveWalkDistance
Lloyd Center/Ne 11Th (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)) 3 min 17 min 0.9 mi
Ne 7Th & Halsey (Portland Streetcar - A Loop - Portland Streetcar) 4 min 19 min 1.0 mi
AirportDriveWalkDistance
Portland International 18 min - 7.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: SurfaceTandem
Included in Rent: Yes
Bud Hosner 503-349-4892 Russell Hosner LLC
Bud Hosner 503-349-4892 Russell Hosner LLC