The Elan

7526 N Ida Avenue, Portland, Oregon 97203

$3,800,000

Status:
Available
County:
Multnomah
Units:
18
Year Built:
1967
Unit Price:
$211,111
Building Size:
12,900 sq. ft.
Price per SF:
$295
CAP Rate:
5.13 Projected %
Unit Mix:

Eighteen (18) apartments consisting of four (4) one-bed one-bath and fourteen (14) 2-bed 1-bath units.

Open Parking:
Yes
Laundry Room:
Yes
Roof Type:
Composite
Heat Type:
Cadet wall heaters
Property Photo

The Elan is an 18-unit apartment community in Portland's St. Johns neighborhood. Initially built in 1967, the property recently had a full interior and exterior remodel down to the studs and has new plumbing, insulation, sheetrock, cabinets, fixtures, appliances, light fixtures, tubs, roof and much more. The property's comfortable units, outstanding location, and like-new condition make The Elan an exceptionally desirable, low-maintenance investment opportunity.  

18
Units
1967
Year Built
12,900
SQ. FT.

Property Location