Technical
Financial
Distress signals
Property profile

1650 Main St 206 Hillsboro, OR 97123

OFF-MARKET
Apartment buildings
Property ID
US71-1008975
16,500 SF 0.73 ac lot
Entity Owned 24-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (100+ UNITS)
Total area 16,500 SF
Lot 0.73 ac (31,799 SF)
Zoning code SCR-HD
APN 1N232CC-05001
UPID US71-1008975

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1650 Main St, Unit 206 Hillsboro, OR 97123-4599
Hillsboro metro Census 32606 PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.68M
Blend (final) Blend
$28.62M

Owner & transaction history

since 2002
1 recorded transaction
2002
$120,000

Zoning & alternative use

SCR-HD · Hillsboro, OR
Zoning description

The SCR-HD zone implements the SCPA Station Community Planning Area designation, providing an opportunity for higher density residential development generally within 1300 feet of a light rail station

General category RESIDENTIAL
Top alternative use upside
Medical building $5.3M +43.0%
Restaurant $5.0M +35.8%
Commercial (general) $4.2M +14.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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