23500 Northwest Saint Helens Road

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23500 Northwest Saint Helens Road

Portland, OR 97231
Asking Price
$2.99M
Asset Type
RV Park Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 23500 Northwest Saint Helens Road in Portland Oregon.
  • This multifamily asset currently operates as a designated RV park.
  • The property is available for purchase at 2,990,000 dollars.
  • Positioned in the Portland metropolitan area near major transit corridors.
  • Site layout supports continued use as a specialized lodging facility.

What's Special

Portland serves as a major economic hub for the Pacific Northwest, balancing urban density with access to expansive natural landscapes. Situated along Northwest Saint Helens Road, this multifamily asset functions as an established RV park. The location benefits from its proximity to regional transit routes, providing accessibility for commuters and visitors traveling through the metropolitan corridor. Investors often seek properties in this submarket due to consistent demand for specialized housing and transient lodging solutions. This site presents a functional layout suitable for continued operations within the hospitality or long-term rental sector, offering potential for stability in an evolving regional market. The site sits along the Columbia River corridor, a well-traveled path that connects the Portland metro area to the coastal regions and beyond. Its positioning allows for a distinct utility as a niche accommodation provider, catering to a diverse demographic of travelers and long-term residents seeking functional, accessible space in the Pacific Northwest.

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NOI
$80,000
Cap Rate
2.68%
DSCR
0.45
Underwater
Cash-on-Cash
-10.87%
Monthly Payment
$14,792.889
Annual Cash Flow
$-97,514.663

Location & Travel Times