View Point Terrace
3939 SW View Point Terrace, Portland, OR 97239
Price$3,995,000
Number of Units12
Building Size10,850 sqft
Price/Unit$332,917
Property TypeMultifamily
Cap Rate4.36%
Description
Built in 2015, View Point Terrace Apartments are unique among the housing choices in the popular southwest corner of Portland, OR. The property is comprised of 12 apartment homes with a unit mix of 11 one-bedrooms and 1 two-bedroom unit.
Property highlights include wood plank flooring, Caesarstone quartz countertops, stainless appliances, and floor-to-ceiling windows. All units are equipped with washer and dryer hook-ups. The complex has large onsite additional storage, wonderful outdoor space, and the complex enjoys a prime location.
Financial Summary
- Pro Forma NOI: $173,988
- Pro Forma Cap Rate: 4.36%
Gallery