The Drake Apartments
The Drake Apartments
https://www.josephbernard.net/the-drake-apartments- Address:
- 2308-2326 SW Osage St, Portland, Oregon 97205
- Price:
- $1,950,000
- Units:
- 12
- Price per unit:
- $162,500
- Cap Rate:
- 6.51%
- Year Built:
- 1904
Highlights
- Rare Kings Hill investment opportunity
- Spacious units with vintage charm
- City and mountain views in select units
Please fill out the fields below to receive further information about The Drake Apartments
The Drake Apartments
Summary
Incredible Kings Hill location, with city and mountain views of downtown Portland. The Drake Apartments is comprised of 12 units, and presents an investor with a unique opportunity to capitalize on the continued growth of the downtown Portland apartment market. Units are spacious and feature period charm, various upgrades throughout, and select units with views. The majority of the units are separately metered for water/sewer, gas, and electric - providing critical cost savings to an investor. Some parking is available on-site, with the ability to potentially add more spaces (buyer to verify). Irreplaceable Kings Hill location, which will continue to reap the benefits of the growing Portland market.
Highlights
- Rare Kings Hill investment opportunity
- Spacious units with vintage charm
- City and mountain views in select units
The Drake Apartments
SW Osage St/SW Green Ave
Located one block off of W Burnside St.
The Drake Apartments
The Drake Apartments
Document Title | Document Type |
---|---|
Property Flyer | Adobe PDF |
The Drake Apartments
Joseph Chaplik
jchaplik@josephbernard.net5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax