5633 Southeast Division Street

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5633 Southeast Division Street

Portland, OR 97206
Asking Price
$1.20M
Asset Type
Apartment Building Retail
Class
Class B

What's Special

Great Mt. Tabor CM2 Mixed Use Development Site <p>Here is a great and rare ready to go development site in the accessible and stately Mt. Tabor neighborhood. This SE Division 14,000 development site provides the potential for a creative and appealing template for a mixed use development. Located in one of Portland's most stately and sought after neighborhoods it has an efficient flat and rectangular layout that is best suited for multi-story apartments with street level retail but could be a great owner-user site for retail, healthcare, educ

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NOI
$80,000
Cap Rate
6.67%
DSCR
1.12
Tight
Cash-on-Cash
2.43%
Monthly Payment
$5,936.945
Annual Cash Flow
$8,756.657

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