611 Southeast 139th Avenue

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611 Southeast 139th Avenue

Portland, OR 97233
Asking Price
$1.93M
Cap Rate
6.59%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Pride of Ownership Asset in East Portland | Walnut Manor - Spacious, single-level units <ul><li>​Rare single-level community, low density setting.</li><li>​Large floorplans with desirable 2-bedroom unit mix</li><li>​Bright interiors with functional layouts and strong natural light</li><li>​Strong amenity package including private patios, in-unit washer/dryers, and air conditioning for all units.</li><li>​Stable tenant base with historically strong demand and low turnover</li><li>​Utility billback program in place to recoup cost.</li><li>​Convenient East Portland location near trans

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NOI
$80,000
Cap Rate
4.16%
DSCR
0.70
Underwater
Cash-on-Cash
-5.94%
Monthly Payment
$9,523.85
Annual Cash Flow
$-34,286.196

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