Gresham Park - New Price!

805 NE Kane Drive, Gresham, Oregon 97030

$8,800,000

Status:
Available
County:
Multnomah
Units:
51
Year Built:
1991
Unit Price:
$172,549
Land Size:
2.11 Acres
Building Size:
45,840 sq. ft.
Price per SF:
$192
CAP Rate:
5.44%
Unit Mix:

Fifty-one (51) units consisting of thirty-three (33) 2-bedroom and eighteen (18) 3-bedroom units.

Floors:
3
Open Parking:
72
WD in unit:
Yes
On Site Manager:
Yes
Garages:
12 for rent
Siding:
Vinyl
Roof Type:
Composite
Heat Type:
Cadet wall heaters
Storage:
Yes
Patio Deck:
Yes
Property Photo

Gresham Park has a strong Portland metro area location. Gresham has been successfully working to establish itself as a major manufacturing and industrial hub. Its large employers include Boeing of Portland, US Bank Processing Services, ON Semiconductor, and distribution facilities for Albertsons, FedEx, Amazon, Subaru, Microchip and many others. Its focus on business development has resulted in near zero new housing development since 1999 and very little supply is projected for the next five years.   

51
Units
1991
Year Built
45,840
SQ. FT.

Property Location