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16340 NE Sandy Blvd
Portland, OR 97230
Asking Price
$1.85M
Asset Type
Commercial Land
Class
Class B
What's Special
2.68 Acres | CM1 Zoning | Sandy Blvd <p><strong style="color: rgba(0, 0, 0, 1)">2.68 Acres of Development Land</strong><span style="color: rgba(0, 0, 0, 1)"> – Two adjacent parcels totaling approximately </span><strong style="color: rgba(0, 0, 0, 1)">116,741 square feet</strong><span style="color: rgba(0, 0, 0, 1)"> (</span><strong style="color: rgba(0, 0, 0, 1)">APNs: R943190110 & R943190120</strong><span style="color: rgba(0, 0, 0, 1)">)</span></p><p></p><p><strong style="color: rgba(0, 0, 0, 1)">CM1 Zoning (Commercial Mixed-Use
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NOI
$80,000
Cap Rate
4.32%
DSCR
0.73
Underwater
Cash-on-Cash
-5.38%
Monthly Payment
$9,152.791
Annual Cash Flow
$-29,833.487
