Hogan Woods

1625 NE 20th Street, Gresham, Oregon 97030

Status:
Sold
County:
Multnomah
Units:
100
Year Built:
1991
Unit Price:
$104,500
Land Size:
4.93 Acres
Building Size:
72,702 sq. ft.
Price per SF:
$144
CAP Rate:
6.05%
Unit Mix:

One-hundred (100) units consisting of sixty-four (64) 1-bed 1-bath, twenty-six (26) 2-bed 2-bath, and ten (10) 3-bed 2-bath units. 

Floors:
2
Rec Room:
Yes
Fitness Center:
Yes
WD in unit:
Yes
Rental Office:
Yes
On Site Manager:
Yes
CoverParking:
Yes
Garages:
Yes
Roof Type:
Pitched Comp
Storage:
Yes
Pool:
Seasonal outdoor with year-round spa
Patio Deck:
All units
Property Photo

With rents significantly below market--and the property not currently charging residents for utilities, parking or cable--Hogan Woods offers an investor immediate upside. Since 2014, over $1.5 million has been invested on exterior capital improvements including siding, decks and stairways.

100
Units
1991
Year Built
72,702
SQ. FT.

Property Location