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5263 Northeast Martin Luther King Junior Boulevard
Portland, OR 97211
Asking Price
$450K
Asset Type
Retail
Class
Class B
What's Special
2-Suite Retail/Office Condo | Owner-user or Investor <p>In-place income with short-term leases provides for Owner-user or Investor Opportunity</p><ul><li>Owner-occupy one suite and collect income from the other</li><li>Off-street Parking Available</li><li>Exterior and common areas professionally managed by HOA</li><li>Ground-floor commercial condo with excellent exposure to NE MLK Jr. Blvd.</li><li>Assumable below-market financing available for qualified buyers. Contact broker for details</li></ul>
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NOI
$80,000
Cap Rate
17.78%
DSCR
2.99
Strong
Cash-on-Cash
39.47%
Monthly Payment
$2,226.354
Annual Cash Flow
$53,283.746
