7065 Southeast 60th Avenue

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7065 Southeast 60th Avenue

Portland, OR 97206
Asking Price
$4.31M
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B

What's Special

12 new construction detached cottages in Brentwood Darlington with tenant ready appliance packages. <ul><li>​<strong>Rare 12 Home Detached Cottage Portfolio</strong></li></ul><p>New construction offering featuring twelve detached cottages within a thoughtfully planned Southeast Portland cottage community.</p><ul><li>​<strong>Consistent, Easy to Underwrite Unit Mix</strong></li></ul><p>All homes offer 2 bedrooms and 2.1 bathrooms, with two 899 sqft front cottages and ten 978 sqft cottages for a consistent leasing and operations profile.</p><ul><li>​<strong>Projected 5.33% Cap Rate at Stabilizat

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NOI
$80,000
Cap Rate
1.85%
DSCR
0.31
Underwater
Cash-on-Cash
-13.61%
Monthly Payment
$21,342.823
Annual Cash Flow
$-176,113.881

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