OHSU Fourplex & Parking Garage
OHSU Fourplex & Parking Garage
https://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
OHSU Fourplex & Parking Garage
Document Title | Document Type |
---|---|
Property Flyer | Adobe PDF |
OHSU Fourplex & Parking Garage
Phillip Barry
pbarry@josephbernard.net5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax