800 NW 25th Ave - 40 Beds Memory Care RCF
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800 NW 25th Ave - 40 Beds Memory Care RCF
14,124 SF Health Care Building Offered at $10,535,100 CAD at a 14.20% Cap Rate in Portland, OR 97210
Investment Highlights
- Nob Hill Location
- 25 units / 40beds
- Recently updated facility
- Upside potential
Executive Summary
This property has an amazing location in one of the Portland's most attractive neighborhood, Currently at 80% occupancy this senior housing facility is just months away from being fully stabilized and producing a substantial income. The facility is licensed for 40 memory care beds. The building was updated within the last 2 years.
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | $99,999 | $9.99 |
Vacancy Loss | $99,999 | $9.99 |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Pro forma - 2024) Click Here to Access
Gross Rental Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Vacancy Loss (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Effective Gross Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Price | $10,535,100 CAD | Building Class | C |
Price Per Bed | $263,378 CAD | Lot Size | 0.35 AC |
Sale Type | Investment or Owner User | Building Size | 14,124 SF |
Cap Rate | 14.20% | No. Beds | 40 |
Sale Conditions | 1031 Exchange | No. Stories | 2 |
Property Type | Health Care | Year Built/Renovated | 1959/2023 |
Property Subtype | Assisted Living | Parking Ratio | 0.21/1,000 SF |
Price | $10,535,100 CAD |
Price Per Bed | $263,378 CAD |
Sale Type | Investment or Owner User |
Cap Rate | 14.20% |
Sale Conditions | 1031 Exchange |
Property Type | Health Care |
Property Subtype | Assisted Living |
Building Class | C |
Lot Size | 0.35 AC |
Building Size | 14,124 SF |
No. Beds | 40 |
No. Stories | 2 |
Year Built/Renovated | 1959/2023 |
Parking Ratio | 0.21/1,000 SF |
Room Mix Information
Description | No. Beds |
---|---|
Private and Shared | 40 |
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Walk Score ®
Walker's Paradise (95)
Bike Score ®
Very Bikeable (74)
PROPERTY TAXES
Parcel Number | R198429 | Total Assessment | $3,255,050 CAD (2023) |
Land Assessment | $0 CAD (2023) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
Improvements Assessment | $0 CAD (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
R198429
Land Assessment
$0 CAD (2023)
Improvements Assessment
$0 CAD (2023)
Total Assessment
$3,255,050 CAD (2023)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
zoning
Zoning Code | RM2 (The RM2 zoning allows for multiple uses: https://www.portland.gov/ppd/zoning-land-use/zoning-code-overview/base-zones) |
RM2 (The RM2 zoning allows for multiple uses: https://www.portland.gov/ppd/zoning-land-use/zoning-code-overview/base-zones) |
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800 NW 25th Ave - 40 Beds Memory Care RCF
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