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    OFF-MARKET
    Retirement homes

    13205 Watkins Ave, Tigard, OR 97223

    4,374 SF 0.33 ac lot Built 2024
    Individually Owned 1-yr Hold
    Property ID
    US71-0588990
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a brand-new, 4,374-square-foot adult care home in Tigard, Oregon. Located at 13205 SW Watkins Ave, 97223, this single-story building sits on a 0.33-acre lot and boasts five bedrooms, each designed for comfort and care. Constructed in 2024, the property is currently vacant, with an occupancy date of December 1, 2024, allowing for immediate customization and personalization to suit your operational needs. The building features a fire sprinkler system and is equipped with all necessary components for seamless operation. The sale is structured to accommodate a 1031 exchange, providing a tax-advantaged investment opportunity. This is a unique chance to acquire a turnkey senior living facility in a desirable location, built with high-quality materials and meticulous attention to detail. The property's single-level design promotes accessibility and ease of navigation. The total net rentable square footage is 4,374 square feet, providing ample space for residents and staff. This represents a rare chance to own a modern, efficient, and well-appointed adult care home ready for immediate occupancy. The property is situated in Washington County, Oregon, offering convenient access to local amenities and services. This is an ideal opportunity for owner-users seeking a high-quality, well-located facility.

    Property profile
    Verified
    Property type Retirement homes
    Year built 2024
    Total area 4,374 SF
    Lot 0.33 ac (14,375 SF)
    UPID US71-0588990
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Gebremeskel Million · 1 yrs held
    Gebremeskel Million
    since 2025
    3 recorded transactions
    2025
    $1.4M
    2024
    2022
    $474,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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