MLS# 17107745 – 12026 Se Ash St, Portland, OR 97216 – John Wesley McPherson, Jr., The Portland Team

Listing courtesy of Real Pro NW.com.

Property Description

Description

47 Units

Status: Pending

Year Built: 2011

Days on Website: 2360

Ash Court is a 47 unit apartment building. Built in 2011, each unit includes a washer/dryer, wall to wall carpet, and spacious floor plan.6.36% Cap Rate 6.43% Cash on Cash*Both based on actual operating numbers

Property Details and Features

Building

Building Area Total:

30000

Built in 2011

Unit Type Type:

UnitTypeType1,UnitTypeType2

Cooling

Cooling Equipped

Cooling:

HeatPump

Expenses

Operating Expense:

$163,005

Exterior Features

Exterior Description:

CementSiding

Foundation

Foundation Details:

Slab

Heating

Heating Available

Heating:

HeatPump

Income

CAP Rate:

6.36

Gross Income:

$461,848

Gross Rent Multiplier:

10.18

Net Operating Income:

$298,843

Listing

Contract Status Change Date:

2018-02-14

Cumulative Days On Market:

105

Days On Market:

105

Last Transaction Date:

2019-04-22 09:05:44

List Price:

$4,700,000

Listing Contract Date:

2017-11-01

Listing Id:

17107745

Mls Status:

Pending

Modification Timestamp:

2019-04-22 09:05:44

Off Market Date:

2018-02-14

On Market Date:

2017-11-01

Previous List Price:

$470,000

Purchase Contract Date:

2018-02-14

Rent Includes:

Sewer,TrashCollection,Water

Standard Status:

Pending

Location

MLS Area Major:

_143

County Or Parish:

Multnomah

Lot

Size Range:

SqFt15000to19999

Size:

15,000 to 19,999 SqFt

Miscellaneous

Investor Information:

AnnualPropertyOperationData,Leases,MaintenanceRecordsAvailable,ProfitLossStatement

Property

Number Of Units Total:

Zoning:

Roof

Roof:

Composition

Security Features

Features:

HandicapAccess,Sidewalk

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$7,093

Legal Description

Tax Deferral

Unit One

Actual Rent:

$799

Area:

556

Features:

Dishwasher,Disposal,Refrigerator,WasherDryer

Units Total:

1 total bathroom

1 total bedroom

Unit Two

Actual Rent:

$851

Area:

700

Features:

Dishwasher,Disposal,Refrigerator,WasherDryer

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$4,700,000 -

12026 Se Ash St Portland , OR 97216

MLS Area Major: _143

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on April 20, 2024 3:48AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.