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The Robert

4732 N Albina Avenue , Portland, Oregon 97217

$16,750,000

Status:
Available
County:
Multnomah
Units:
55
Year Built:
2022
Unit Price:
$304,545
Land Size:
0.35 Acres
Building Size:
45,599 sq. ft.
Price per SF:
$491
CAP Rate:
4.56%
Unit Mix:

Twenty-four (24) studio units, eleven (11) one-bedroom, one-bathroom units, one (1) one-bedroom and one-and-a-half-bathroom unit, seventeen (17) two-bedroom, one-and-a-half-bathroom units, and two (2) two-bedroom, two-bathroom units. 

Net rentable square footage: 34,100 square feet
Gross building square footage: 45,599 square feet

Floors:
5
WD in unit:
Yes
Covered Parking:
16 spaces
Garages:
Yes
Roof Type:
Membrane
Heat Type:
Electric
Patio Deck:
Yes (select units)
Property Photo

The Robert is a brand-new, mid-rise apartment building located along the north end of Portland’s Mississippi Avenue retail corridor — an immensely popular stretch of uber- local boutique shops, restaurants, breweries, bars, and music venues. Completed in mid-2022, The Robert contains a diverse unit mix of larger studio, one- and two-bedroom units and features market-leading finishes — including in-unit AC — and community amenities. Additionally, many of The Robert’s units feature massive decks or patios that are virtually unparalleled in size, making the units unique among newer buildings throughout Portland. All units are at market-rate rents, and the building has no affordability requirements.

55
Units
2022
Year Built
45,599
SQ. FT.

Property Location