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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
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
Walk Score ®
Walker's Paradise (95)
Bike Score ®
Very Bikeable (74)
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
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)
  • Listing ID: 33329369

  • Date on Market: 2024-09-27

  • Last Updated:

  • Address: 800 NW 25th Ave, Portland, OR 97210

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