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10985 E Burnside St
Portland, OR 97216

Burnside Apartments · Multifamily Property For Sale · 29 Units

Executive Summary

Stunning + modern new construction 29-unit apartment complex from a quality local builder! Trendy, studio floor plans showcase elevated designs + finishes with tall ceilings, SS appliances, W/D hookups, AC + indoor bike storage! Situated in the desirable Hazelwood neighborhood, the 91 Bikescore says it all with amazing proximity to Mall 205 + Adventist Health plus nearby transit, shopping, restaurants, multiple parks, schools and freeway access!

PROPERTY FACTS

Price Per Unit $196,340 CAD
Sale Type Investment
Cap Rate 7.41%
Gross Rent Multiplier 11.55
No. Units 29
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.25 AC
Building Size 12,705 SF
No. Stories 3
Year Built 2024
Opportunity Zone Yes

Unit Amenities

  • Air Conditioning
  • Washer/Dryer Hookup
  • Heating
  • Kitchen

Site Amenities

  • Bicycle Storage

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 29 $1,594 CAD 380 - 456

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R319923
Land Assessment
$220,277 CAD
Improvements Assessment
$0 CAD
Total Assessment
$220,277 CAD

zoning

Zoning Code RM1
RM1
  • Listing ID: 29049468

  • Date on Market: 2023-07-19

  • Last Updated:

  • Address: 10985 E Burnside St, Portland, OR 97216

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