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About the Listing GOPR01 - GORDONCH
Great, 16 unit Gresham apartment complex with on site laundry and plenty of parking. Priced to sell at $137.5k per unit, you will find this property very competitive. Great occupancy history. Two units recently remodeled and several others greatly updated. Current Cap rate is low due to two units being empty for over a year caused by two separate water damage losses. With them finished and soon to be rented, the Cap rate should end up at 4.8 for 2025. NOT IN PORTLAND! This is a Gresham property with a Portland address. Don't be fooled! You are not bound by Portland rental requirements. Not all two bed nor one bed units rent for the same amount.
Listing Highlights for 16360 SE Stark St
Status
Pending
Days on Site
188
Property Type
Multi-Family
MLS ®
388817085
Year Built
1964
Total Square Footage
13,514
Lot/Acreage
0.69
Interior Details
- Bedrooms: 30
- Bathrooms: 17 Full
- Appliances:
- Air Cond:
- Heating: Baseboard,WallHeater
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Corner Lot,Level,On Busline
- Garage Capacity: N/A
- Parking Spaces: 16
- Zoning: multifa
- Roof: Composition
- Others: Existing
- Sewer: Public Sewer
- Parking Features: Assigned,Off Street
Financial Details
- Tax Amount: $18,706
- Taxes w/Assessments: N/A
- Tax/Property ID: R337992
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Years
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Listing Location
Questions About..
16360 SE Stark St Portland, OR 97233
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