$4,200,000
Cully Park Apartments
5109 NE Killingsworth St
Portland, OR 97218
Active
PRICE
UNITS
19
SIZE
15,364 SF
PRICE/UNIT
$221,053
TYPE
Two- Story
CAP RATE
4.92%
Highlights
Popular floorplans
Popular Ground level and upstairs styles units.
Plentiful Parking
Off street Parking for residents
Upgraded units
Many Units with Interior Upgrades Such As LVP Flooring
Great Location
High Walkability & Bike Score
Close to Local Amenities
Close Proximity to Area Parks, Local Shopping Amenities, Transportation etc.
Laundry Available on Site
Laundry Facility On Site for Additional Income
DESCRIPTION
Ready for Additional 18 Units
• All Architectural Plans completed for Additional 18 Units
• All Permits Secured and Ready
• Stable Occupancy in original 19 Units
Built in 1966 , comprised of 19 units. Four (1×1) and Fifteen (2×1) apartments. These units feature large windows, ample cabinet space in the kitchen, and a spacious living area. Mirrored closet doors, linen closet, and full-length wall closet provide plenty of storage space.
FINANCIAL SUMMARY
- Pro Forma Cap Rate 5.37%
CONTACT LISTING BROKER:
Grayson Pounder | 503.680.3648 | Grayson@PounderRealty.com
Location