Jennifer Anne Apartments

17316 E Burnside Street, Portland, OR 97233

Jennifer Anne Apartments
Price$3,450,000
Number of Units19
Building Size18,740 sqft
Price/Unit$181,579
Property TypeMultifamily
Cap Rate6.22%

Highlights

  • Environmentally Friendly — Energy Efficient Vinyl Windows
  • Parking Amenities — Off Street Parking Available
  • Easily Accessible for Commuting — Directly on Max Light Rail Line
  • Natural Amenities — Patios, Balconies & Some Fenced in Back Yards

Description

Built in 1969, The Jennifer Anne Apartments are unique among the housing choices in the popular southeast area of Portland. The property is comprised of 21 apartment homes. There are 13 single-level, two-bedroom/one-bathroom units with fenced in back yards and 8 additional units which are stacked two-bedroom/two-bath units.

The Jennifer Anne Apartments are located directly on the Max Light Rail and offer wonderful commuting opportunities into both Portland as well as other surrounding areas.

Listing broker has ownership percentage in property.

Financial Summary

  • Pro Forma NOI: $214,429
  • Pro Forma Cap Rate: 6.22%

Contact Listing Broker

Grayson Pounder

503-680-4638

Grayson@PounderRealty.com

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