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Property profile & analytics
OFF-MARKET Estimated value $3,285,000
Apartment buildings

1825 Rosa Park Way Portland, OR 97217-4896

8,337 SF 0.11 ac lot Built 2021
Entity Owned 1-yr Hold
Property ID
US71-0152212
Property summary
AI-generated overview

This exceptional Class A, 14-unit apartment building presents a compelling investment opportunity in Portland, Oregon's desirable Arbor Lodge neighborhood. Completed in 2022, this new construction property boasts a total of 8,337 square feet, offering a compelling price per square foot of $479.19 and a price per unit of $285,357.14. The asking price for this multifamily investment is $3,995,000, representing a 4.84% cap rate (pro-forma). The building is zoned RM3 and features a rapid lease-up due to its modern amenities and prime location. Individual unit details are not provided in this listing. Investors will appreciate the strong performance metrics and the potential for continued growth in this thriving Portland neighborhood. The property is conveniently located at 1825 N Rosa Parks Way, Portland, OR 97217, within Multnomah County. Further information, including building specifications and financial details, is available upon request. This is a turnkey opportunity for investors seeking a high-performing asset in a sought-after market. The building's modern design and convenient location contribute to its strong appeal to renters. This property offers a rare chance to acquire a newly constructed, high-quality multifamily asset in a rapidly growing area.

Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 2021
Total area 8,337 SF
Lot 0.11 ac (5,000 SF)
Zoning code R1
APN 1N1E16AD 14500
UPID US71-0152212
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
  • Rosa Parks Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.29M
Blend (final) Blend
$3.29M
Owner & transaction history
Scotsman 1825 N Rosa LLC · 1 yrs held
Scotsman 1825 N Rosa LLC
since 2024
7 recorded transactions
2024
Price N/A
2023
Price N/A
2019
$630,758
2018
$458,700
2018
$350,000
2009
Price N/A
2005
$239,000
Zoning & alternative use
R1 · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $3.4M +43.2%
Restaurant $2.9M +20.4%
Auto repair, garage $2.5M +7.4%
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