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Cashmur Manor

Cashmur Manor

https://www.josephbernard.net/cashmur-manor
Address:
8805 SW Cashmur Lane, Portland, Oregon 97225
Price:
$1,200,000
Units:
15
Price per unit:
$80,000
Cap Rate:
6.78%
Year Built:
1959

Highlights

  • New Thermopane Windows
  • New Cadet Heaters
  • New Paint
  • New Roof & Gutters
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Cashmur Manor

Summary

The Cashmur Manor Apartments are a turn-key property conveniently located in Southwest Portland, Oregon. According to the latest Metro Multifamily Housing Association Vacancy Report, this area of Portland has an average vacancy of just 2.4%.

In the past year this property has undergone many upgrades and capital improvements. Some of the improvements include a new roof, new gutters, new paint, new Cadet heaters, and new Thermopane windows.

Cashmur Manor features mostly two bedroom units with approximately 1,000 square feet each. Individual units feature refinished hardwood floors and washer/dryer hookups.

Highlights

  • New Thermopane Windows
  • New Cadet Heaters
  • New Paint
  • New Roof & Gutters
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Cashmur Manor

The Cashmur Manor Apartments are located just south of Canyon Road (Tualatin Valley Highway) on SW 87th Avenue in the Raleigh Hills neighborhood of Portland, Oregon. This property is near public transportation, with the bus line running along SW Canyon Road and the Sunset Transit Center about a mile away.

The Portland-Beaverton metro area consistently ranks as one of the top five apartment markets with the lowest vacancy by several sources. The most recent Metro Multifamily Housing Association Apartment Vacancy Report shows an average vacancy for the area of a mere 2.6%.

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Cashmur Manor

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Cashmur Manor

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Cashmur Manor

Document Title Document Type
Property Flyer Adobe PDF
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Cashmur Manor

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