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1650 NE Killingsworth Street
Portland, OR 97211
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Boutique Mixed-Use Infill within a Walkable Killingsworth/Alberta Corridor <ul><li>Acquire a paired portfolio of boutique, walkable, urban multifamily assets in one of Northeast Portland's strongest, amenity rich rental submarkets</li><li>Scale through aggregation (small assets combined into efficient operating footprint)</li><li>Strong in-place rents with upside</li><li>High-demand, walkable urban locations</li><li>Modern construction (low capex relative to vintage assets)</li><li>Walkable access to Killingsworth & Alberta retail corridors</li><li>Proximity to
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
