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Listed by RE/MAX Equity Group
$ 3,000,000
Est. payment | /mo
15,363 SqFt
$ 3,000,000
Est. payment | /mo
15,363 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 15,363 sqft
Price per Sqft $195
MLS Listing ID 24605856
Year Built 1968
Annual Tax Amount $21,112
Tax Year 2023
Lot Size 0.680 Acres
Property Description
18-unit Beaverton apartment building with value-add potential. Property has always had low vacancy and very long-term tenants. Rents were historically low with increases over the last few years and continued room for improvement. Very walkable to transportation, shopping, restaurants, food carts, and services in evolving Aloha, sandwiched between hot Beaverton and Hillsboro markets. Most units have patios/balconies, wall AC units, wood-burning fireplace, dishwashers, and refrigerators. Well-cared for property with onsite laundry facility. Nestled in a high-demand location, this asset offers substantial upside through strategic lease-ups, comprehensive unit turnovers, and targeted expense efficiencies.
Location
State OR
County Washington
Community Laundry
Area _150
Zoning Multi
Rooms
Basement None
Interior
Heating Baseboard, Wall Heater
Cooling Wall Unit
Exterior
Community Features Laundry
Roof Type Flat
Garage No
Building
Lot Description Level, On Busline
Story 2
Foundation Slab
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Aloha-Huber Prk
Middle Schools Mountain View
High Schools Aloha
Others
Acceptable Financing Assumable, Cash, Conventional
Listing Terms Assumable, Cash, Conventional
