1401 SE 130TH AVE

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1401 SE 130TH AVE

PORTLAND, OR 97233
Asking Price
$1.63M
Cap Rate
6.2%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

8 unit investment opportunity in a low-density residential setting in East Portland <ul><li>​ Unique low-density 8-unit multifamily community situated on approximately 0.77 acres</li><li>​ Diverse unit mix including a rare remodeled 2,600 SF single-family residence</li><li>​ Seven spacious 2-bedroom apartment units averaging approximately 950 SF</li><li>​ Strong amenity package including air conditioning, in-unit laundry, private patio areas, and dedicated parking</li><li>​ Ductless mini-split heating & air conditioning systems in all apartment units</li><li>​ Beautifully la

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NOI
$80,000
Cap Rate
4.92%
DSCR
0.83
Underwater
Cash-on-Cash
-3.38%
Monthly Payment
$8,039.613
Annual Cash Flow
$-16,475.36

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