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5636-5648 SW Beaverton Hillsdale Hwy

17 Unit Block of Flats £2,346,784 (£138,046/Unit) 5.44% Net Initial Yield Portland, OR 97221

Investment Highlights

  • Great Southwest Portland Location
  • New Gutters
  • Rental Upside
  • Newly Striped Parking Lot
  • On-Site Laundry
  • Excellent Access to Shopping and Public Transportation

Executive Summary

Located on Beaverton Hillsdale HWY, between two of Southwest Portland’s more desirable neighborhoods, Raleigh Hills & Hillsdale, the Raleigh Heights apartments provide residents with an exceptional location and investors with a value-add opportunity.
The 17-unit complex has a national grocery store, pharmacy, coffee shop, and several restaurants within one block. Additionally, the Portland Athletic Club sits across the street. High frequency public transportation allows easy access to downtown Portland and downtown Beaverton.
Built in 1974 & 1978 and comprised of one and two-bedroom units, Raleigh Heights offers a park-like setting with many units having territorial views and several having private decks or patios. Roughly half the units have been updated along with new gutters, and a newly striped parking lot with ample parking for tenants and guests.

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £2,346,784
Price Per Unit £138,046
Sale Type Investment
Net Initial Yield 5.44%
No. Units 17
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.57 AC
Building Size 11,750 SF
Number of Floors 2
Year Built 1978

Site Amenities

  • 24 Hour Access
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 13 - 634
2+1 4 - 877

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R111056
Land Assessment
£0 (2023)
Improvements Assessment
£0 (2023)
Total Assessment
£740,740 (2023)

zoning

Zoning Code R2
R2
  • Listing ID: 33701564

  • Date on Market: 31/10/2024

  • Last Updated:

  • Address: 5636-5648 SW Beaverton Hillsdale Hwy, Portland, OR 97221

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