Cully Park Apartments
5109 NE Killingsworth St, Portland, OR 97218
Price$3,900,000
Number of Units19
Building Size15,364 sqft
Price/Unit$205,263
Property TypeMultifamily
Sub TypeTwo-Story
Cap Rate5.78%
Highlights
- Popular Floorplans — Popular ground level and upstairs style 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 one-bed/one-bath and fifteen two-bed/one-bath 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.
Gallery