Manor Townhomes
7833-7875 SE Johnson Creek Blvd
Portland, OR 97206

Available

PRICE

$5,100,000

UNITS

22

SIZE

21,430 SQ FT

PRICE/UNIT

$231,818

TYPE

Two-Story

CAP RATE

5.09%

Highlights

popular Floorplans
Popular Townhome Style Units
Upgraded Units
Many Units with Interior Upgrades Such As LVP Flooring
Off Street Parking
Assigned parking for each unit and plentiful guest parking
Great Location
High Walkability
04-Tyler Gerding - 7833 SE Johnson Creek Blvd, Portland - 016.jpg
04-Tyler Gerding - 7833 SE Johnson Creek Blvd, Portland - 016.jpg
05-Tyler Gerding - 7833 SE Johnson Creek Blvd, Portland - 021.jpg
05-Tyler Gerding - 7833 SE Johnson Creek Blvd, Portland - 021.jpg
06-Tyler Gerding - 7833 SE Johnson Creek Blvd, Portland - 026.jpg
06-Tyler Gerding - 7833 SE Johnson Creek Blvd, Portland - 026.jpg
07-Tyler Gerding - 7833 SE Johnson Creek Blvd, Portland - 031.jpg
07-Tyler Gerding - 7833 SE Johnson Creek Blvd, Portland - 031.jpg
02-Tyler Gerding - 7833 SE Johnson Creek Blvd, Portland - 006.jpg
02-Tyler Gerding - 7833 SE Johnson Creek Blvd, Portland - 006.jpg
Image
Image
Image1
Image1
40-Tyler Gerding - 7833 SE Johnson Creek Blvd, Portland - 196.jpg
40-Tyler Gerding - 7833 SE Johnson Creek Blvd, Portland - 196.jpg
41-Tyler Gerding - 7833 SE Johnson Creek Blvd, Portland - 201.jpg
41-Tyler Gerding - 7833 SE Johnson Creek Blvd, Portland - 201.jpg
03-Tyler Gerding - 7833 SE Johnson Creek Blvd, Portland - 011.jpg
03-Tyler Gerding - 7833 SE Johnson Creek Blvd, Portland - 011.jpg
39-Tyler Gerding - 7833 SE Johnson Creek Blvd, Portland - 191.jpg
39-Tyler Gerding - 7833 SE Johnson Creek Blvd, Portland - 191.jpg
37-Tyler Gerding - 7833 SE Johnson Creek Blvd, Portland - 181.jpg
37-Tyler Gerding - 7833 SE Johnson Creek Blvd, Portland - 181.jpg
36-Tyler Gerding - 7833 SE Johnson Creek Blvd, Portland - 176.jpg
36-Tyler Gerding - 7833 SE Johnson Creek Blvd, Portland - 176.jpg
38-Tyler Gerding - 7833 SE Johnson Creek Blvd, Portland - 186.jpg
38-Tyler Gerding - 7833 SE Johnson Creek Blvd, Portland - 186.jpg

DESCRIPTION

Built in 1972 and Located in Clackamas County, just two blocks outside of Multnomah County, the Manor Townhomes offer 22 apartment units comprised of 20 2-bed 1.5-bath townhomes and 2 2-bed 1-bath flats. At 975 square feet, the spacious layouts consist of an open floor-plan, modern kitchen amenities, and private fenced in patios. Nestled among mature landscaping the property provides residents a quiet complex just blocks from the major corridor of 82nd Ave & Johnson Creek Blvd.

With a walk score of 77 and a bike score of 86 the Manor Townhomes
is well postioned in its neighborhood. The property is one block from
Fred Meyer and has a Trader Joes, PetSmart, Best Buy, Planet
Fitness, and numerous resturants and eateries within a half mile.
Access to the I205 freeway and the regional rail line (MAX) are blocks
away as well.

Five of the units have washer & dryers offering an investor upside to
continue to install washer & dryer units across the property.

Assumable Financing @ 3.35%. The rate is fixed until November of
2028 for a qualified buyer.

Listing Broker has partial ownership interest in subject property.

FINANCIAL SUMMARY

  • 5.80% Cap Rate (Pro Forma)

CONTACT LISTING BROKER:

Tyler Gerding | 503-467-8901 | Tyler@PounderRealty.com

Location

Previous Next
Close
Test Caption
Test Description goes like this