New Multifamily Investment in
125 - 163 SW Lancaster Ct Troutdale, OR
For Sale
$2,132,500
New construction, 5 units, near Troutdale Airport and major employers.
Property Size7,858 SF
Price / SF$271.38
Days on Market181
Property Features for 125 - 163 SW Lancaster Ct
General Information
- Standard status
- Active
- Size
- 7,858 SF
- Property subtype
- Townhomes
Listing Agency:
Capacity Commercial Group
(503) 222-2655
Listed By:
Nicholas Diamond · License #OR #200403266
Source:
Corfac
Added: Jan 26
Changed: Jul 6
Last Checked: Jul 26 at 5:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capacity Commercial Group
Investment Insights
Based on property information with market context.
This new-construction multifamily property in Troutdale, OR, presents a townhome building investment opportunity. The property features 5 units with a unit mix of 3 bedrooms and 2.5 bathrooms. Constructed in 2023, the units offer spacious floorplans, contemporary design, and modern finishes. The property is conveniently located off SW Halsey St, near Hwy 30, and close to major employers such as Amazon, FedEx, and Boeing. It is also minutes from Downtown Portland, PDX Airport, Troutdale Outlets, and Multnomah Falls. The total property size is 7,858 square feet. Flexible sale options are available to buy all or individual units. The proforma NOI is $106,633 with a proforma CAP rate of 5.00%.
Key Highlights
- New construction multifamily investment property.
- Five units, each with 3 bedrooms and 2.5 bathrooms.
- Proforma CAP rate of 5.00%.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $193.3k | $24.60 |
| − Vacancy | −$9.9k | −$1.25 |
| EGI | $183.4k | $23.35 |
| − OpEx | −$82.6k | −$10.51 |
| NOI | $100.9k | $12.84 |
7,858 SF · lease $24.60/SF/yr · vacancy 5.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.44M
$1.26M – $1.68M
NOI $100,896 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.12M
$1.86M – $2.47M
NOI $148,475 @ 7.0% cap · market cap 6.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - New construction, 5 units, near Troutdale Airport and major employers.
Where is this apartment building located?
The property is located at 125 - 163 SW Lancaster Ct Troutdale, OR.
What is the asking price?
The asking price for this property is $2,132,500.
What are key features of this property?
This property features: New construction multifamily investment property.; Five units, each with 3 bedrooms and 2.5 bathrooms.; Proforma CAP rate of 5.00%.
