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Investment Opportunity at Plaza 125

12662 SE Stark St, Portland, OR 97233, USA

Description

FOR SALE

$1,150,000 at 6.5% CAP Rate

Apex Real Estate Partners herein exclusively presents the opportunity to acquire a great investment property, Building A, located within the Plaza 125 condominium complex.

Plaza 125 is prominently on SE Stark Street in Portland’s Mall 205 submarket. The complex is comprised of 13 buildings totaling 50,400 SF in 71 condominium units.

Building A consists of 6 units, 100% leased to Central City Concern and Serenity Lane, both secure and long-term tenants of the property.

Plaza 125 is professionally managed. The complex has been managed with an emphasis on forecasting repair and replacement needs 15 years in advance with funds reserved accordingly.

 

 

Property Documents

  • City: Portland
  • State/county: Oregon
  • Country: United States

Detail

Updated on June 17, 2021 at 5:55 pm

  • Property ID: Plaza 125

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