Laurelhurst Studios / Office Portfolio
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Laurelhurst Studios / Office Portfolio
2 Properties Offered at £3,654,094 in Portland, OR
Investment Highlights
- Located on Sandy Blvd
- Only 10 minutes to Downtown Portland
- Close to freeway entrances
- Located in the Laurelhurst area
- Many restaurants and attractions nearby
Executive Summary
This is a unique opportunity to obtain a multi use, exceptional complex in the heart of NE Portland. The dual lot properties include an 18 unit studio apartment complex, and a mixed use retail / office building on the connected adjacent parcel. Completely remodeled in 2015, including new roof, new electrical, new HVAC units, new plumbing. The 4 retail spaces on the first floor have separate ductless units for each space, sub meters for electricity and water.
Property Facts
| Price | £3,654,094 | Number of Properties | 2 |
| Price / SF | £177.38 / SF | Individually For Sale | 0 |
| Net Initial Yield | 7.20% | Total Building Size | 20,600 SF |
| Sale Type | Investment | Total Land Area | 0.49 AC |
| Status | Active |
| Price | £3,654,094 |
| Price / SF | £177.38 / SF |
| Net Initial Yield | 7.20% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 20,600 SF |
| Total Land Area | 0.49 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3331 NE Sandy Blvd, Portland, OR 97232 | Retail | 9,800 SF | 1947 | - |
|
Laurelhurst Studios
3327-3333 NE Sandy Blvd, Portland, OR 97232 |
Residential | 10,800 SF | 2013 | - |
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