$8,100,000
West Slope Apartments
3485 & 3515 SW 87th Ave
Portland, Oregon 97225
PRICE
UNITS
36
SIZE
25,150 SF
PRICE/UNIT
$225,000
TYPE
Multifamily
CAP RATE
4.51%
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
town home 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
FINANCIAL SUMMARY
- Pro Forma NOI $365,536
CONTACT LISTING BROKER:
Grayson Pounder | 503.680.4638 | Grayson@PounderRealty.com
Location