1525 N WEBSTER ST, Portland, OR 97217

$4,349,900
List Price
$4,349,900
Price Change
▼ $40,100 1560574573
Days on Market
94
MLS#
19453674
Property Type
Multifamily
Lot Size
5, 000 to 6, 999 SqFt
Region
Portland North
Status
Active

Property Description

Beautiful new construction modern 19 unit apartment complex from quality local builder with Studio, 1bed, & 2bed units. Newly completed & leased with great rents! Featuring open floor plans, tall ceilings, SS appliances, W/D in units, indoor bike storage, private lobby, and more! Situated in an amazing location right near transit, shopping, eateries, parks, schools, and freeway access!

Additional Information

Tax Amount
$2,163
Year Built
2019
High School
Jefferson
Elementary School
Beach
Middle School
Ockley Green
Stories
3
Subdivision
Overlook
Terms
Cash, Conventional
Cooling Description
Wall Unit(s)
Fuel Description
Electricity
Heating Description
Zoned
Hot Water Description
Electricity
Exterior Description
Wood Siding
Roof Type
Flat
Sewer Description
Public Sewer
Water Description
Public
View
Territorial, Trees/Woods
Sq Ft Approximate Building Total
11047
Capitalization Rate
5.23
Operating Expenses Actual
67733
Gross Income Actual
296700
Gross Rent Multiplier
14.66
Net Income Actual
229447
Security Or Entry
Entry, Sidewalk
Utilities Included
Trash Collection, Landscaping
Number Of Units Total
19
Unit Type One Baths Total
1
Unit Type One Beds Total
1
Unit Type One Rent
1200
Unit Type One Sq Ft
414
Unit Type One Units Total
5
Unit Type Two Baths Total
2
Unit Type Two Beds Total
2
Unit Type Two Rent
1795
Unit Type Two Sq Ft
663
Unit Type Two Units Total
2
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
1300
Unit Type Three Sq Ft
543
Unit Type Three Units Total
1
Unit Type Four Baths Total
1
Unit Type Four Beds Total
1
Unit Type Four Rent
1350
Unit Type Four Sq Ft
538
Unit Type Four Units Total
2
Unit Type Five Baths Total
1
Unit Type Five Beds Total
1
Unit Type Five Rent
1200
Unit Type Five Sq Ft
439
Unit Type Five Units Total
4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Portland Premiere.

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