Property Listing No Longer Available for Sale

25200 NW Saint Helens Road #94

Portland, OR

Multi-family for Sale - $1,195,000 - 12 acres


Property Info

CIMLS#809399
Location
  25200 NW Saint Helens Road #94
  Portland OR 97231
UpdatedFebruary 16th, 2017
TypeMulti-family
Price$1,195,000
Land12 acres

Property Description

Seller will look at any reasonable offer!

This Portland area marina generates income! Most large apartments are returning around 4 to 5% cap rates. But his investment has a cap rate of 8.3% and a gross multiplier of 5.9x.

Your return could be higher if you work there part-time. Currently there is a full time resident manage, plus an outside management company. So whether you are a passive investor or hands-on investor, it deserves your attention.

This is a magnificent setting on the water, only 20 minutes from Portland. A working man


Financials