West Slope Apartments

3485 & 3515 SW 87th Ave, Portland, OR 97225

Price$6,700,000

Number of Units36

Building Size25,150 sqft

Price/Unit$186,111

Property TypeMultifamily

Cap Rate5.42%

Highlights

Environmentally Friendly — Energy Efficient Vinyl Windows
Parking Amenities — Off Street Parking Available
Easily Accessible — Great Location in Close Proximity to both the I-5 corridor and St. Johns bridge
Natural Amenities — Patios, Balconies & Greenspace
Laundry Available on Site — Laundry Facility On Site for Additional Income

Description

The West Slope Apartments are located in the desirable SW suburb of Portland. With easy access to area employers via Hwy 26 and Hwy 217, this property is ideally located.

Comprised of 36 units, the unit mix includes 11 single level units, 1 townhome unit, and 22 units in two-story buildings. Single-level units are spacious and well appointed. There is original hardwood floors in several units along with laminate or Luxury Vinyl Plank flooring and/or carpet in other units. Two-story units are all one-bedroom and one-bathroom and have original cabinetry.

Listing Agent has partial ownership interest in subject property