11836 SE Pardee St, Portland, OR
Multi-family for Sale - $784,500
Property Info
| CIMLS# | 1031638 |
| Location 11836 SE Pardee St Portland OR 97266 | |
| Updated | August 12th, 2019 |
| Type | Multi-family |
| Price | $784,500 |
Property Description
These are well maintained, high class units. The monthly rental income is strong at $5,505 per month.
The GRM is 11.9x (based on actual current rents)
I do not see any high quality plexes for sale in the Metro area at this low GRM!! (GRM 11.9x) Remember, a low GRM means a high Cap rate.
The apartments were built in 2004. The house is older but totally updated and rebuilt about 2004.
The apartments are quite large. House is 3 bedrooms, 2 baths; townhouse duplexes are 3 bedrooms, 1