18 bedroom house for sale
$2,450,000 - Portland OR 97215Portland OR 97215
18 bedroom house for sale
- Beds: 18
- Baths: 12
- Price: $2,450,000
- Reference No.: 72630709
- Area: 8,231 sqft
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Overview
The community underwent a complete transformation in 2022 on both the interior and exterior, with each unit featuring new cabinets, flooring, paint, quartz countertops, SS appliances and various touches throughoutThe Tabor Villa Apartments represent a unique opportunity to acquire a turn-key and stabilized asset in the well performing central Southeast Portland sub-market. The property is comprised of 11 units, and is well situated in a quiet residential setting, making for serene living for the residents. Located in the Montavilla neighborhood, near local colleges (Warner Pacific and PCC) and just blocks from the popular amenities along the hubs of SE Portland, Hawthorne, Division, etc, the property appeals to a broad tenant base. The community features single level, modernized apartments with spacious floor plans, and on-site parking. The community underwent a complete transformation in 2022 on both the interior and exterior, with each unit featuring new cabinets, flooring, paint, quartz countertops, SS appliances and various touches throughout.The property was leased up at strong rental rates in 2022 and 2023, allowing the opportunity for an investor to step in and reap the benefits of a stabilized investment with strong cash flow day 1. The investment also provides additional upside as units re-lease during more favorable leasing months (Spring/Summer), and as the community transitions to a tenant utility bill back system which is currently in motion ( 5 out of 11 units are now on the new system, and the income should continue to increase as more units are added). A truly unique and quality investment opportunity, with the upgrades in place to meet the demands of today's renters.
House Portland
This House for sale is located at Portland OR 97215. The home has 18 Bedroom and 12 Bathrooms. This 18 bedroom House in Portland OR is for sale for $2,450,000 .
Disclaimer
2024-06-05, Viewed 1 times.
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-06-05, Viewed 1 times.
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