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12021 SE Foster Rd
12021 SE Foster Rd
https://www.josephbernard.net/12021-se-foster-rd2- Address:
- 12021 SE Foster Rd, Portland, Oregon 97266
- Price:
- $1,350,000
- Units:
- 10
- Price per unit:
- $135,000
- Cap Rate:
- 5.23%
- Year Built:
- 1968
Highlights
- Value add due to below market rents
- Large lot for off street parking
- Even mix of one and two bedroom units
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12021 SE Foster Rd
Summary
This value add 10 unit listing features five one -bedroom and five two-bedroom units. Located on a large lot that contains ample parking, the one story buildings are surrounded by mature landscaping. The property has experienced very low vacancy due to below market rents. This is a value-add deal that already has excellent street appeal, with potential to upgrade the interiors.
Highlights
- Value add due to below market rents
- Large lot for off street parking
- Even mix of one and two bedroom units
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12021 SE Foster Rd
SE Foster Rd / SE 122nd Ave
Sold
12021 SE Foster Rd
Bernard Gehret
bgehret@josephbernard.net
Joseph Bernard, LLC
5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax
5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax