Terrace View Apartments
4405-4425 SE 15th Ave
Portland, OR 97202

Available

PRICE

$2,400,000

UNITS

11

SIZE

7,728 SF

PRICE/UNIT

$218,182

TYPE

Two-Story

CAP RATE

 4.93%

Highlights

Popular Floorplans
Popular Ground level and upstairs styles units featuring large built ins for plentiful storage options
Upgraded Units
Many Units with Interior Upgrades Such As LVP Flooring, Granite countertops, backsplashes and stainless steel appliances.
Plentiful Parking
Off street Parking for residents
Great Location
High Walkability & Bike Score
Close to Local Amenities
Close Proximity to Area Parks, Local Shopping Amenities, Transportation etc.
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DESCRIPTION

The Terrace View Apartments were built in 1970 and are
comprised of 11 units. Ten (1×1) and One (2×1.5) apartments. These units features a spacious living area, large closets, and ample storage throughout.

One building, with wood-framed construction and a composition shingle roof make up the complex.

All new exterior paint 2023!

FINANCIAL SUMMARY

  • 4.89% Cap Rate (Pro Forma)

CONTACT LISTING BROKER:

Grayson Pounder | 503.680.4638 | Grayson@PounderRealty.com

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