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6845 N Montana Ave
Portland, OR 97217 Arbor Lodge

$3,199,900 USD

Apartments For Sale • 8,260 SF

Property Details

Property Type Apartments
Total Building Size 7,548 SF
Lot Size 0.17 AC
Building Class B
Year Built 2023
Cap Rate 5.15 %
Zoning RM3

54 Transit Score

79 Walk Score

Property Flyers

Offering Memorandum

Financial Summary (Proforma)

Net Operating Income: $164,773 USD (2024)

Cap Rate:	5.15 %
Total Expenses:	$50,927 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Portland (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak)	7 min	-	3.7 mi
Vancouver (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak)	12 min	-	5.8 mi
Transit/Subway	Drive	Walk	Distance
Rosa Parks (MAX Yellow Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	1 min	5 min	0.3 mi
N Lombard Transit Center (MAX Yellow Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	1 min	7 min	0.4 mi
N Killingsworth (MAX Yellow Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	2 min	15 min	0.8 mi
Kenton/N Denver (MAX Yellow Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	3 min	19 min	1.0 mi
Airport	Drive	Walk	Distance
Portland International	17 min	-	7.8 mi

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

6845 N Montana Ave Portland, OR 97217 Arbor Lodge