For Sale
$3,995,000

1825 Rosa Parks Way Portland, OR 97217

Luxury 14-unit apartment building, new construction.

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional Class A, 14-unit apartment building presents a compelling investment opportunity in Portland, Oregon's desirable Arbor Lodge neighborhood. Completed in 2022, this new construction property boasts a total of 8,337 square feet, offering a compelling price per square foot of $479.19 and a price per unit of $285,357.14. The asking price for this multifamily investment is $3,995,000, representing a 4.84% cap rate (pro-forma). The building is zoned RM3 and features a rapid lease-up due to its modern amenities and prime location. Individual unit details are not provided in this listing. Investors will appreciate the strong performance metrics and the potential for continued growth in this thriving Portland neighborhood. The property is conveniently located at 1825 N Rosa Parks Way, Portland, OR 97217, within Multnomah County. Further information, including building specifications and financial details, is available upon request. This is a turnkey opportunity for investors seeking a high-performing asset in a sought-after market. The building's modern design and convenient location contribute to its strong appeal to renters. This property offers a rare chance to acquire a newly constructed, high-quality multifamily asset in a rapidly growing area.

Highlights

  • Class A, 14-unit apartment building in Portland, OR's Arbor Lodge neighborhood.
  • New construction (2022), 8,337 square feet, $3,995,000 asking price.
  • 4.84% pro-forma cap rate, $479.19 price per square foot, $285,357.14 price per unit.
  • Rapid lease-up due to modern amenities and prime location.

Property Details for 1825 Rosa Parks Way

Property type
Apartment buildings
Square Feet
8,337 SF
Class
A
Year Built
2022
Units
14

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.570159
Longitude
-122.6859314
1825 Rosa Parks Way, Portland, Oregon

FAQs

What type of property is this?
Apartment building - Luxury 14-unit apartment building, new construction.
Where is the apartment building located?
The property is located at 1825 Rosa Parks Way Portland, OR.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: Class A, 14-unit apartment building in Portland, OR's Arbor Lodge neighborhood.; New construction (2022), 8,337 square feet, $3,995,000 asking price.; 4.84% pro-forma cap rate, $479.19 price per square foot, $285,357.14 price per unit.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1825 Rosa Parks Way
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message