Sold! 11 units in Southeast Portland: $1,035,000

By February 7, 2012April 13th, 2021Sold!

The renovated property features 1,2, and 3 bedroom units with off-street parking.  The 2 and 3 bedroom units are townhouse

style, with washers and cheap cialis online dryers.  The details:

Price:  $1,035,000
Cap rate:  6.7%
Price per unit:  $94,090

The property was in “good” condition, with no significant deferred maintenance.  There appears to be potential to raise rents upon cosmetic upgrading, as rents are higher in the neighborhood.

From Joseph Bernard’s website

cesar chavezWe are pleased to announce the sale of the Cesar Chavez 11 Unit Apartments located at 3803 SE Cesar E Chavez Blvd in Portland, Oregon. This close-in property sold for $1,035,000 at a 6.78% cap rate.

For further information on this property or transaction please contact Bernard Gehret or

click here.

Bernard Gehret

Bernard Gehret

Joseph Bernard Investment Real Estate