Interstate Apartments

6525

Property ID

6,383 SqFt

Size

Description

The Interstate Apartments represent a rare value-add opportunity in the Overlook Neighborhood of N Portland. The community sits nearby to many amenities and provides a tranquil courtyard setting for tenants to enjoy. The property is comprised of 9 units, with a mix of studio & 1 bedroom floor plans, a large basement, and 3 street level garages. The rents in place are currently below market, providing an immediate opportunity for a buyer to capitalize on a more efficient management system post-closing. Located along the MAX line and in the path of continued progress- the Interstate Apartments is poised to benefit from the continued expansion of the North Portland sub-market.

Address

Address: 5712 N Interstate Ave, Portland, OR 97217, USA
  • Province / State: Oregon
  • City / Town: Portland
  • Postal code / ZIP: 97217
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  • Property ID 6525
  • Price $1,132,500
  • Property Type Multifamily
  • Year Built 1942
  • Size 6,383 SqFt
  • Land area 0.00.18 Acres
  • Label Sold
  • Number of Units 9

Map View

Contact

Joseph Chaplik

Property Seller
(503) 546-9390
josephbernardllc@josephbernard.net
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