This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

5636-5648 SW Beaverton Hillsdale Hwy

17 Unit Apartment Building $4,264,431 CAD ($250,849 CAD/Unit) 5.44% Cap Rate Portland, OR 97221

Investment Highlights

  • Great Southwest Portland Location
  • New Gutters
  • Rental Upside
  • Newly Striped Parking Lot
  • On-Site Laundry
  • Excellent Access to Shopping and Public Transportation

Executive Summary

Located on Beaverton Hillsdale HWY, between two of Southwest Portland’s more desirable neighborhoods, Raleigh Hills & Hillsdale, the Raleigh Heights apartments provide residents with an exceptional location and investors with a value-add opportunity.
The 17-unit complex has a national grocery store, pharmacy, coffee shop, and several restaurants within one block. Additionally, the Portland Athletic Club sits across the street. High frequency public transportation allows easy access to downtown Portland and downtown Beaverton.
Built in 1974 & 1978 and comprised of one and two-bedroom units, Raleigh Heights offers a park-like setting with many units having territorial views and several having private decks or patios. Roughly half the units have been updated along with new gutters, and a newly striped parking lot with ample parking for tenants and guests.

Financial Summary (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $4,264,431 CAD
Price Per Unit $250,849 CAD
Sale Type Investment
Cap Rate 5.44%
No. Units 17
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.57 AC
Building Size 11,750 SF
No. Stories 2
Year Built 1978

Site Amenities

  • 24 Hour Access
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 13 - 634
2+1 4 - 877

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R111056
Land Assessment
$0 CAD (2023)
Improvements Assessment
$0 CAD (2023)
Total Assessment
$1,324,202 CAD (2023)

zoning

Zoning Code R2
R2
  • Listing ID: 33701564

  • Date on Market: 2024-10-31

  • Last Updated:

  • Address: 5636-5648 SW Beaverton Hillsdale Hwy, Portland, OR 97221

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}