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Penzance Garden Court

Penzance Garden Court

https://www.josephbernard.net/penzance-garden-court
Address:
11081 SE Penzance Street, Milwaukie, Oregon 97222
Price:
$450,000
Units:
5
Price per unit:
$87,000
Cap Rate:
6.12%
Year Built:
1966

Highlights

  • Large, Private Patios
  • Proposed Utility Bill Back $25/month per Unit
  • New Roof Installed 2007
  • New Heating System Installed 2003
  • Storage Closets
  • Coin Operated Laundry Room
  • On-Site Parking
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Penzance Garden Court

Summary

Penzance Garden Court is a great property for an investor looking to start or expand their investment portfolio. This property has new features, including a newer roof, and an updated heating system. The property consists of 5, two bedroom one bathroom units, all currently rented under market value. Your tenants will enjoy a shaded lot, from their large private patios. There is also a coin-operated laundry room on-site, providing greater ease for your tenants, and more income for you. Call today about this great opportunity.

Highlights

  • Large, Private Patios
  • Proposed Utility Bill Back $25/month per Unit
  • New Roof Installed 2007
  • New Heating System Installed 2003
  • Storage Closets
  • Coin Operated Laundry Room
  • On-Site Parking
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Penzance Garden Court

Close to everything! This property is just a short, 15 minute drive from everything downtown Portland has to offer. This property is also a short walk from a Tri-Met bus stop.
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Penzance Garden Court

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Penzance Garden Court

Document Title Document Type
Property Flyer Adobe PDF
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Penzance Garden Court

Michael Candianides
mcandianides@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