Glenn Apartments
3268 SE Hawthorne Blvd., Portland, Oregon 97214
Price: $3,600,000.00
Status: Available
County: Multnomah
Unit: 23
Unit Mix: (11) studios
(5) double studios
(7) 1-bed 1-bath units
Siding: Stucco
Heat Type: Electric
Fire Place: Y
Storage: Y
Roof Type: Pitched Comp
Year Built: 1915
Building Size: 17060
Land Size: 0.23 acres
Unit Price: $156,522.00
Price per SF: $211.02
CAP Rate: 6.26%
GIM: 11.60
Description: Rare opportunity to acquire an urban in-fill apartment building completely upgraded in anticipation of a future conversion to condominiums. Over $50,000 per unit invested in upgrades.
Laundry Room: Y
WD Hookup: Y
Client Recommendations
Very good value and effective relationship.
- Dianne Anderson, Anderson Property Management, Portland, OR