4085 SW 160TH Ave

    Beaverton, OR 97078
    • $3,400,000
    • STATUS: Sold
    • ON SITE: 115 days
    • MLS #: 19417598
    Sold - 06/10/2019
    $3,400,000
    SOLD - 06/10/2019
    • 3
      BEDS
    • N/A
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 22,350
      SQFT
    • $152
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1970
    County:

    School Ratings & Info

    Description

    The St. Mary's Crossing Apartments is a well located apartment building with re-positioning potential, in the sub-market of Beaverton, OR. The majority of the apartments (26 out of 29) are large 2 bd floor plans, and consist of a good balance of recent turnovers and longer term tenancy. A new owner will have the opportunity to capture the upside in the rents and will benefit from a a historically low vacancy in the Beaverton market.

    Monthly Payment Calculator

    The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Next Home Realty Connection are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2019 RMLS™, Portland, Oregon. Data last updated 2019-07-16T07:58:54.09.Data deemed reliable but not guaranteed.

    Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Next Home Realty Connection and should be independently verified.
    www.nexthomepdx.com/homes/92964384

    4085 SW 160TH Ave Beaverton, OR 97078

    • Price: $3,300,000
    • Status: Sold
    • Updated: 60 min ago
    • MLS #: 19417598
    3
    Beds
    3
    Baths
    0
    ½ Baths
    N/A
    Acres
    22,350
    SQFT
    $152
    $/SQFT
    1970
    Built
    Neighborhood:
    150-Beaverton/Aloha
    County:
    Washington
    Area:
    150-Beaverton/Aloha
    Property Description
    The St. Mary's Crossing Apartments is a well located apartment building with re-positioning potential, in the sub-market of Beaverton, OR. The majority of the apartments (26 out of 29) are large 2 bd floor plans, and consist of a good balance of recent turnovers and longer term tenancy. A new owner will have the opportunity to capture the upside in the rents and will benefit from a a historically low vacancy in the Beaverton market.
    Exterior Features

    Lot Description Corner Lot Size 1 To 2.99 Acres Parking Description Open Roof Type Composition View YN No Water Description Public

    Interior Features

    Basement Foundation Crawl Space Heating Description Baseboard Unit Features DishwasherRangeRefrigerator Unit Type1 Features DishwasherRangeRefrigerator Unit Type1 Sq Ft 550 Unit Type2 Features Dishwasher Unit Type2 Sq Ft 650 Unit Type3 Features DishwasherRangeRefrigerator Unit Type3 Sq Ft 800

    Property Features

    Bank Owned YN No Capitalization Rate 6.70 Country Us Fuel Description Electricity Gross Income Actual 365199 Gross Income Projected 411483 Gross Rent Multiplier 9.04 Net Income Actual 221001 Net Income Projected 264804 Occupancy Types LeasedMonth To Month Operating Expenses Actual 144198 Operating Expenses Projected 146679 Sewer Description Public Sewer Short Sale YN No Storage Deck Tax Amount 26346.00 Terms Of Sale Call Listing Broker Third Party Approval YN No Unit Type1 Rent 1050 Unit Type1 Units Total 1 Unit Type2 Rent 898 Unit Type2 Units Total 2 Unit Type3 Rent 1094 Unit Type3 Units Total 26 Utilities Included Trash CollectionSewerWater Zoning R25+

    Listing provided courtesy of Joseph Bernard Llc.
    The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Next Home Realty Connection are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2019 RMLS™, Portland, Oregon. Data last updated 2019-07-16T07:58:54.09.Data deemed reliable but not guaranteed.

    Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Next Home Realty Connection and should be independently verified.
     
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