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Multifamily

Cable Ave 6-Plex

1827 SW Cable Ave, Portland, OR 97201

Listing Price: $1,050,000

Cap Rate
5.04%
Number of Units
6
Occupancy
100.0%
Price/Unit
$175,000
Price/Gross SF
$216.23
Gross SF
4,856

Investment Overview

This well-located 6-Plex in Goose Hollow consists two Studios, two 1-Bedroom and two 2-Bedroom apartments. The building has improvements including all new plumbing and all new rear decking. Tenants enjoy easy access to Goose Hollow and downtown Portland shopping and restaurants. Current market allows for investors to improve rents by keeping units as is or some renovation to push rents even higher.

Investment Highlights

  • Within Half a mile : 25+ Bars / Restaurants
  • Close to Providence Park
  • Close to Downtown Portland and Pearl District
  • Well Located Asset with Room for Improved Rents

Exclusively Listed By

Multifamily

Cable Ave 6-Plex

Listing Price: $1,050,000

Cap Rate
5.04%
Number of Units
6
Occupancy
100.0%
Price/Unit
$175,000
Price/Gross SF
$216.23
Gross SF
4,856

Investment Highlights

  • Within Half a mile : 25+ Bars / Restaurants
  • Close to Providence Park
  • Close to Downtown Portland and Pearl District
  • Well Located Asset with Room for Improved Rents

Investment Overview

This well-located 6-Plex in Goose Hollow consists two Studios, two 1-Bedroom and two 2-Bedroom apartments. The building has improvements including all new plumbing and all new rear decking. Tenants enjoy easy access to Goose Hollow and downtown Portland shopping and restaurants. Current market allows for investors to improve rents by keeping units as is or some renovation to push rents even higher.

Exclusively Listed By

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