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Cape Cod Apartments

Cape Cod Apartments

https://www.josephbernard.net/cape_cod
Address:
1510 NE 45th Avenue, Portland, Oregon 97213
Price:
$1,070,000
Units:
10
Price per unit:
$107,000
Cap Rate:
5.68%
Year Built:
1938

Highlights

  • New Mailboxes, Doors, Countertops, & Much More!
  • On-Site Laundry with New Equipment
  • Re-finished Hardwood Floors
  • New Water Heaters & Plumbing
  • New Double Glazed Vinyl Windows
  • New Roof & Gutters
  • Beautiful Courtyard Setting
  • Many Capital Improvements Throughout
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Cape Cod Apartments

Summary

The Cape Cod Apartments are located close-in on the corner of NE 45th Avenue and Halsey Street in Portland, Oregon. It features a mix of studio and one bedroom units in a beautiful courtyard style setting. The property features on-site laundry with new laundry equipment, garages, and beautiful landscaping.

The Cape Cod Apartments have undergone many capital improvements, including: newer roof and gutters, new double glazed vinyl windows, new insulation, re-finished hardwood floors, new plumbing, new water heaters, and much more.

Highlights

  • New Mailboxes, Doors, Countertops, & Much More!
  • On-Site Laundry with New Equipment
  • Re-finished Hardwood Floors
  • New Water Heaters & Plumbing
  • New Double Glazed Vinyl Windows
  • New Roof & Gutters
  • Beautiful Courtyard Setting
  • Many Capital Improvements Throughout
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Cape Cod Apartments

The Cape Cod Apartments are located in the Hollywood District of NE Portland, Oregon. This area features many older Portland homes full of character and charm. Tree lined streets, covered porches, and families taking a stroll...Plus, Hollywood is conveniently located laong major streets for easy commuting (NE Broadway and Sandy, plus a ramp to I-84). With neighborhood shops, restaurants, a theatre, and stores all within walking distance or nearby, Hollywood offers a nice lifestyle. (Source: PortlandNeighborhood.com)

Portland is the largest city in Oregon, and the fourth largest city on the west coast. The Portland Metro Area is home to nearly 2 million people, and sits approximately 78 miles from the ocean and 65 miles from the Cascade Mountains. Recently Portland was ranked #1 in the country in terms of lowest vacancy (US Census Bureau), and #2 in rent growth (Axiometrics, Inc.)

In 2008 Money Magazine named Portland one of the "Top 10 Places to Live". Portland is also well known for its strong land-use planning and investment into public transportation. Some of the larger Portland employers include Nike, Columbia Sportswear, Tektronix, Precision Castparts Corp, and Mentor Graphics Corp.

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Cape Cod Apartments

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Price: $845,000 Units: 8 Price per Unit: $105,625 Cap Rate: 0.00%
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Cape Cod Apartments

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Cape Cod Apartments

Document Title Document Type
Capital Improvements Adobe PDF
Property Flyer Adobe PDF
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Cape Cod Apartments

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