January 2010 
There are 1 blog entries for January 2010.
NE Portland 9-Unit Multi-Family Property For Sale
Monday, January 11th, 2010 at 2:46pm. 933 Views, 0 Comments.
NE Portland 9-Unit Multi-Family Property For Sale
Solid 9-unit complex near shopping, schools, MAX, freeway, and more. Nice mix of unit sizes. Recent updates to many units. Easy to maintain one level building with on-site laundry. Parking for 15 cars. Very Low vacancy rates and easy to rent. Upside on under market rents.
Total of 6490SF. Nine units: 1 3BR, 5 2BR, 3 1BR units.
Gross Income $26,740
Operating Expense $17,331
Net Income $47,219
CAP Rate = 7.0
Gross Rent Multiplier = 10.43
List Price $650,000
For more details of this listing see Property Detail Sheet
To see other multi-family property listings check out our Portland Multi-Family Property page
- Featured Properties
Recent Blog Posts
Mortgage Rates at all time lows. Should you buy now?
Mortgage rates for the Portland area have dropped to 3.875% in the past few days, presenting an amazing time to buy and save money. Rates for a 15 year fix... Read More
Cool Portland Houses - April 2011
We thought we would create a regular series about properties that our team has seen that we think are NICE. By flagging these properties as "... Read More
When is the right time to bring your home to market?
This month's reports from S&P and PMI both suggest that sellers could increase their net proceeds by bringing their home to market now instead of waiting... Read More