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375 NE Shaver St
Portland, OR 97212
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 85 Units <ul><li>85-unit affordable housing community in Northeast Portland</li><li>LEED Gold Certified steel-frame construction completed in 2009</li><li>Located in Portland's highly desirable King Neighborhood</li><li>Family-oriented one-, two-, and three-bedroom unit mix</li><li>New AT&T cell tower lease providing additional income stream</li><li>Secured parking, EV charging stations, rooftop solar array, and bike storage</li><li>Convenient access to Downtown Portland, I-5, PCC Cascade, and maj
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
