Property profile

8445 Hemlock St 260 Portland, OR 97223

OFF-MARKET
Assisted living facilities
Property ID
US71-1713543
68,486 SF 4.1 ac lot Built 1986
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1986
Total area 68,486 SF
Lot 4.1 ac (178,596 SF)
Zoning code R24-40
APN 1S125CC-01302
UPID US71-1713543

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Retirement Community

Location

8445 Hemlock St, Unit 260 Portland, OR 97223-8874
Portland metro Census 30600 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
$13.52M
Blend (final) Blend
$6.16M

Owner & transaction history

since 2018
7 recorded transactions
2018
$6.3M
2010
Price N/A
2009
Price N/A
2006
$210,000
2006
$200,000
2006
$300,000
2006
$340,000

Zoning & alternative use

R24-40 · Portland, OR
Top alternative use upside
Auto repair, garage $20.9M +54.8%
Medical building $20.7M +53.2%
Retail stores $20.6M +52.2%

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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