OR > Portland
Portland, OR 97203,6908 N ROBERTS AVE
Portland, OR 97203,6908 N ROBERTS AVE
Portland, OR 97203,6908 N ROBERTS AVE
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Cassandra Marks

Cassandra Marks

+1(503) 884-2387
Listed by Works Real Estate
$1,700,000
Est. payment /mo
1,013 SqFt
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Key Details

Property Type Commercial

Sub Type Light Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 1,013 sqft

Price per Sqft $1,678

MLS Listing ID 635124088

Year Built 1926

Annual Tax Amount $6,916

Tax Year 2024

Lot Size 1.300 Acres

Property Sub-Type Light Industrial

Property Description

-1.3 Acre fenced and gated RV/Boat Storage with seller financing available.- 7.4% Cap Rate on actuals - Seller carry terms yield 8.3% cash-on-cash return- Low vacancy, low maintenance with significant opportunity for increased revenue- All storage leases are month-month. New leases have filled at market rate with ease- Included 2 bedroom 1 bath 949 SF house for manager's residence, or additional rental income- Detached management officeSeller financing terms:- Down payment: $700,000- Interest rate: 6%- Term: 5 years- Amortization: 30 years- Monthly payment: $5,996

Location

State OR

County Multnomah

Area _141

Zoning IG2

Interior

Heating Wood Stove

Equipment SecuritySystem

Exterior

View River

Roof Type Composition

Garage No

Building

Story 1

Sewer Standard Septic

Water Public Water

Level or Stories 1

Others

Acceptable Financing Cash, Contract, Conventional

Listing Terms Cash, Contract, Conventional

Virtual Tour https://www.youtube.com/shorts/d6nFPVzvxdY

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agent

Cassandra Marks

+1(503) 884-2387

Realtor, Licensed in OR & WA | License ID: 201225764

Realtor, Licensed in OR & WA License ID: 201225764

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6908 N ROBERTS AVE