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Shannon Apartments

Shannon Apartments

https://www.josephbernard.net/shannon
Address:
2728 SE Main Street, Portland, Oregon 97214
Price:
$1,000,000
Units:
9
Price per unit:
$111,111
Cap Rate:
6.06%
Year Built:
1927

Highlights

  • Individual Storage Units
  • Coin-Op Laundry
  • 1920's Charm with Updated Appliances
  • Belmont / Hawthorne Location
  • Detached 2 Car Garage
  • Extremely Large Basement
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Shannon Apartments

Summary

This classic 9-unit building is located in the heart of Portland's popular Belmont / Hawthorne District.  Built in 1927, it has maintained its 1920's charm.  This building has updated appliances, a detached 2-car garage, an extremely large basement with coin-op laundry, and individual storage units.

Highlights

  • Individual Storage Units
  • Coin-Op Laundry
  • 1920's Charm with Updated Appliances
  • Belmont / Hawthorne Location
  • Detached 2 Car Garage
  • Extremely Large Basement
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Shannon Apartments

The Sunnyside neighborhood is located in Southeast Portland. Filled with many houses that have been restored to their original charm, this neighborhood makes a great community for not only the young professionals, but also the old at heart. With many close amenities this neighborhood is one of the most desired in Portland.

According to the 2000 Census approximately 2,575 people reside in the Glenfair community, with approximately 72% being renters and 28% home owners.  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.

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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Shannon Apartments

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Shannon Apartments

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Shannon Apartments

Document Title Document Type
Property Flyer Adobe PDF
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Shannon Apartments

Joseph Bernard, LLC
5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax