Chelsea Manor
Chelsea Manor
https://www.josephbernard.net/chelsea-manor- Address:
- 4039 SE Holgate Blvd, Portland, Oregon 97202
- Price:
- $3,600,000
- Units:
- 20
- Price per unit:
- $180,000
- Cap Rate:
- 4.60%
- Year Built:
- 1977
Highlights
- Well maintained, good condition
- One ownership group since 1977
- Property owned laundry machines
- 20 off-street parking spots
- Strong tenant base
- Fantastic, close-in SE Holgate location
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Chelsea Manor
Summary
The Chelsea Manor Apartments features twenty, well maintained units with a strong ownership history. Purchased from the developer, the property has had one ownership group since completion in 1977. The unit mix is apprised of two, one-bedroom units and eighteen, two-bedroom units. The Chelsea Manor has a laundry room with two pairs of property owned washers and dryers, a storage shed, a storage room for maintenance materials and includes 20 off-street parking spots. The property is well maintained, with room to increase rents as units are upgraded. The Chelsea Manor is a unique offering on the market with strong street appeal, operations, and tenant base.
Highlights
- Well maintained, good condition
- One ownership group since 1977
- Property owned laundry machines
- 20 off-street parking spots
- Strong tenant base
- Fantastic, close-in SE Holgate location
Chelsea Manor
SE Holgate Blvd/SE 42nd Ave
Chelsea Manor
Chelsea Manor
Document Title | Document Type |
---|---|
Property Flyer | Adobe PDF |
Chelsea Manor
Bernard Gehret
bgehret@josephbernard.net5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax