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Westwood Green Apartments 10650 SW 121st Ave

53 Unit Apartment Building $13,111,135 CAD ($247,380 CAD/Unit) 5.32% Cap Rate Tigard, OR 97223

Executive Summary

An opportunity to acquire an established asset with multiple recent capital improvements, significant value-add upside located in one of the most desired West Side suburbs of Portland, across the street from a Whole Foods grocery anchored retail center.

Property Facts Under Contract

Price $13,111,135 CAD
Price Per Unit $247,380 CAD
Sale Type Investment
Cap Rate 5.32%
No. Units 53
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 4.56 AC
Building Size 40,047 SF
Average Occupancy 96%
No. Stories 2
Year Built 1977
Parking Ratio 2/1,000 SF

Unit Amenities

  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Fireplace
  • Tub/Shower

Site Amenities

  • Courtyard
  • Laundry Facilities
  • Picnic Area
  • Pool
  • Property Manager on Site
  • Walking/Biking Trails

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 18 $1,871 CAD 596 - 643
2+1 25 $2,261 CAD 775 - 776
3+1 10 $2,480 CAD 943
Walk Score ®
Very Walkable (76)
Bike Score ®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R0265082
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,675,935 CAD

zoning

Zoning Code R12, Tigard
R12, Tigard
  • Listing ID: 33829719

  • Date on Market: 2024-11-11

  • Last Updated:

  • Address: 10650 SW 121st Ave, Tigard, OR 97223

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