Lombard Heights Apartments
5929 N. Lombard St.
Portland, Oregon 97203

Pending

PRICE

$1,250,000

UNITS

7

SIZE

5,475 SF

PRICE/UNIT

$178,571

TYPE

Multifamily

CAP RATE

5.73%

Highlights

Environmentally Friendly
Energy Efficient Vinyl Windows
Parking Amenities
Off Street Parking Available
Easily Accessible
Great Location in Close Proximity to both the I-5 corridor and St. Johns bridge
Natural Amenities
Patios, Balconies & Greenspace
Laundry Available on Site
Laundry Facility On Site for Additional Income
Lombard Heights: Exterior Balconies
Lombard Heights: Exterior Balconies
Lombard Heights: Exterior Hallway
Lombard Heights: Exterior Hallway
Lombard Heights: Exterior from Street
Lombard Heights: Exterior from Street
Lombard Heights: Exterior from Street
Lombard Heights: Exterior from Street
Lombard Heights: Exterior from Street
Lombard Heights: Exterior from Street
Lombard Heights: Exterior from Street
Lombard Heights: Exterior from Street
Lombard Heights: Exterior Balconies
Lombard Heights: Exterior Balconies
Lombard Heights: Exterior Balconies
Lombard Heights: Exterior Balconies
Lombard Heights: Interior
Lombard Heights: Interior
Lombard Heights: Interior
Lombard Heights: Interior
Lombard Heights: Interior
Lombard Heights: Interior
Lombard Heights: Exterior Deck
Lombard Heights: Exterior Deck
Lombard Heights: Exterior Stairs
Lombard Heights: Exterior Stairs

DESCRIPTION

Built in 1966, The Lombard Heights Apartments are unique among the housing choices in the popular North Portland, St. John’s Neighborhood. The property is comprised of 7 apartment homes which include a unit mix of one 2 bedroom/1 bath townhome and six 2 bedroom/1 bath flats. The property offers off street parking, patios and/or balconies, on-site laundry facilities and spacious floor plans.

The Lombard Heights Apartments are comprised of a single two story building with wood siding and a pitched composition roof.

*listing broker has ownership percentage in property

FINANCIAL SUMMARY

  • Pro Forma Total Operating Income (EGI) $104,113

CONTACT LISTING BROKER:

Grayson Pounder | 503.680.4638 | Grayson@PounderRealty.com

Location

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