6833 N MONTANA AVE, Portland, OR 97217

$1,625,000
List Price
$1,625,000
Days on Market
40
MLS#
21524218
Property Type
Multifamily
Lot Size
3, 000 to 4, 999 SqFt
Region
Portland North
Status
Active

Property Description

Stunning modern, newer construction 6-unit apartment complex from quality local builder with 1bed, & 2bed unit boasting high-end finishes & tones throughout! Newly completed with excellent projected rents! Trendy, open concept floor plan showcases tall ceilings providing light&airy feel; kitchen with custom cabinetry, SS appliances, slab counters and more! Situated in the desirable Arbor Lodge neighborhood, just blocks from quality eats/treats/shops and more with a 92 Bikescore and 84 Walkscore!

Additional Information

Tax Amount
$400
Year Built
2020
High School
Jefferson
Elementary School
Chief Joseph
Middle School
Ockley Green
Stories
2
Subdivision
Arbor Lodge
Terms
Cash, Conventional
Fuel Description
Electricity
Heating Description
Zoned
Exterior Description
Lap Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public
Sq Ft Approximate Building Total
3627
Capitalization Rate
4.95
Operating Expenses Actual
24718
Gross Income Actual
105180
Gross Rent Multiplier
15.45
Net Income Actual
80462
Number Of Units Total
6
Unit Type One Baths Total
2
Unit Type One Beds Total
2
Unit Type One Rent
1895
Unit Type One Sq Ft
844
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
2
Unit Type Two Rent
1845
Unit Type Two Sq Ft
851
Unit Type Two Units Total
1
Unit Type Three Baths Total
1
Unit Type Three Beds Total
1
Unit Type Three Rent
1265
Unit Type Three Sq Ft
485
Unit Type Three Units Total
2
Unit Type Four Baths Total
1
Unit Type Four Beds Total
1
Unit Type Four Rent
1225
Unit Type Four Sq Ft
481
Unit Type Four Units Total
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Portland Premiere.

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