125 Lancaster Ct Troutdale, OR 97060
- Residential income homes
- 1,566 SF
Current Use by Public Records
- Residential income homes
Property Details for 125 Lancaster Ct
- Year built
- 2023
- Property size
- 1,566 SF
- Property type
- Residential income homes
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Troutdale
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.401
- Latitude
- 45.5415
