The Forest Retreat

20 Unit Apartment Building | $3,500,000 ($175,000/Unit) | 6.01% Cap Rate | Portland, OR 97266

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $3,500,000

Property Type
Multifamily
Square Feet
16,512 SF

Listing Contacts

Tim Gray
Verified Profile
Jarrett Gray
Verified Profile
  • Property Info

Property Overview

Great Well Kept Property; Don't Miss Out; Avg In-Place Rents of $1470, Plus Utilities Included. Very Easy Building to Manage!

Property Details

Class
C
Year Built
1968
Stories
2
Lot Size (sq. ft)
37,026 SF
Units
20

Highlights

  • Charming Mix of 1-Bedroom & 2-Bedroom, 1 Bath Units!
  • Units Include Off-Street Parking, Patio/Balcony, Carpet, Vinyl Flooring, & More;
  • Located in SE Portland, OR; Close Proximity to Numerous Amenities;
  • Walk Score of 65: Considered "Somewhat Walkable";
  • Bike Score of 81: Considered "Very Bikeable"!

FAQ

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