11145 NE Weidler St, Portland, OR 97220

Local realty services provided by:Columbia River Realty ERA Powered
11145 NE Weidler St,Portland, OR 97220
$7,745,000
  • - Beds
  • - Baths
  • 34,207 sq. ft.
  • Multi-family
  • Active
Listed by: phillip barry, bernard gehret
Office: joseph bernard llc.
MLS#:23074914
Source:PORTLAND

Price summary

  • Price:$7,745,000
  • Price per sq. ft.:$226.42

About this home

POTENTIAL LOAN ASSUMPTION of 3.25% fixed until December 2028, for qualified buyers. The Weidler 111 Apartments represents a rare opportunity to invest in a high-quality stabilized apartment community in one of the strongest submarkets within the Portland Metro, The Gateway District of Northeast Portland. The asset is comprised of 32 spacious units, with a mix of large 2BR and 3BR floor plans. The vacancy average has been historically low, and the unit mix has proven to meet the demands of today?s renters, and will continue to be a unique housing option in the market, given the limitations and financial challenges of developing large floor plans in today?s market and moving forward. The community has benefited from major interior & exterior improvements in recent years. Exterior renovations include re-branding & signage, new paint, new outdoor BBQ/Picnic area, new basketball court, renovated leasing office, new fencing, new decking (select units), and upgraded landscaping. The majority

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Home facts

  • Year built:1973
  • Listing ID #:23074914
  • Added:743 day(s) ago
  • Updated:January 24, 2024 at 06:29 AM

Rooms and interior

  • Living area:34,207 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1973
  • Building area:34,207 sq. ft.

Schools

  • High school:Parkrose
  • Middle school:Parkrose
  • Elementary school:Sacramento

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$7,745,000
  • Price per sq. ft.:$226.42
  • Tax amount:$51,077 (2023)
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