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SW 11th Avenue
SW 11th Avenue
https://www.josephbernard.net/sw-11th-avenue- Address:
- 3425 SW 11th Avenue, Portland, Oregon 97239
- Price:
- $1,200,000
- Units:
- 6
- Price per unit:
- $200,000
- Cap Rate:
- 3.90%
- Year Built:
- 1949
Highlights
- 1949 year built
- Fantastic OHSU location
- Potential to increase rents
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SW 11th Avenue
Summary
Rare apartment offering that is a well located 6-unit near OHSU in SW Portland. The property features five studio units and one, one-bedroom one bath unit. Seller is a long-time owner of this 1949 property with consistent occupancy. The property is located on SW 11th Avenue, minutes from the OHSU complex, and has been upgraded over the years with vinyl windows and mature landscaping. Potential to substantially increase rents over time, as rents are below market, with potential to utilize property as a short-term rental due to the location next to OHSU.
Highlights
- 1949 year built
- Fantastic OHSU location
- Potential to increase rents
SW 11th Avenue
SW 11th Avenue/SW Whitaker Street
SW 11th Avenue
SW 11th Avenue
| Document Title | Document Type |
|---|---|
| Property Flyer | Adobe PDF |
SW 11th Avenue
Bernard Gehret
bgehret@josephbernard.net
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
5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax