Property summary
This exceptional investment opportunity presents a brand-new, five-unit townhome building in desirable Troutdale, Oregon. Completed in 2023, this Class A property boasts a total of 1,566 to 1,580 square feet across the units, each featuring three bedrooms and two and a half bathrooms. The contemporary design incorporates spacious floor plans and modern finishes, appealing to a wide range of renters. Located at 125 SW Lancaster Ct, 97060, this property enjoys a prime location near Highway 30, providing easy access to major employers such as Amazon, FedEx, and Boeing. Its proximity to Portland International Airport (PDX), Troutdale Outlets, and Multnomah Falls adds further appeal. The asking price is $2,132,500, representing a price per unit of $426,500. The property's strong performance is reflected in its projected Net Operating Income (NOI) of $106,633 and a 5.00% capitalization rate. This is a turnkey investment opportunity in a thriving market, offering immediate cash flow and significant long-term potential. Individual unit sales may be considered. The building consists of one, two-story structure in Multnomah County.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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