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OHSU Fourplex & Parking Garage

OHSU Fourplex & Parking Garage

http://www.josephbernard.net/OHSU-Fourplex-Parking-Garage
Address:
3204-3206 SW 10th Ave, Portland, Oregon 97239
Price:
$2,100,000
Units:
4
Price per unit:
$525,000
Cap Rate:
4.75%
Year Built:
1953

Highlights

  • Long term growth potential
  • Strong built in tenant base
  • Located 1 block from OHSU
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OHSU Fourplex & Parking Garage

Summary

The OHSU Apartments (3204-3206 SW 10th Ave) & Parking Garage (3212 SW 10th Ave) is a turn-key investment opportunity, in one of the strongest urban sub-markets of Portland. Located just 1 block from Oregon Health and Sciences University, this investment opportunity provides an owner with the stability to ride the long term growth of OHSU. The apartments have recently undergone extensive renovations on the interiors & exterior of the property, and have a strong built in tenant base surrounding OHSU. With current parking demand very strong, and limited supply of land for future parking, the demand should continue to increase with the growth of OHSU. The current monthly parking rates for this investment is $180/month per space. With hands on management/marketing, and partnering with the university, an investor has upside in place to capitalize on. Rare opportunity to own an irreplaceable location in one of Portland' s most sought after neighborhoods.

Highlights

  • Long term growth potential
  • Strong built in tenant base
  • Located 1 block from OHSU

OHSU Fourplex & Parking Garage

SW Portland, 1 block from OHSU

OHSU Fourplex & Parking Garage

For comparable properties please contact the listing broker

OHSU Fourplex & Parking Garage

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OHSU Fourplex & Parking Garage

Document Title Document Type
Property Flyer Adobe PDF

OHSU Fourplex & Parking Garage

Phillip Barry
pbarry@josephbernard.net
Joseph Bernard, LLC
5200 SW Macadam Avenue
Suite 300
Portland, Oregon 97239
503.546.9390 Main
866.546.9390 Toll Free
503.546.9395 Fax