6908 N ROBERTS AVE

Portland, 97203

  • Bed

  • Bath

  • 1169 SqFt

  • 1 DOM

  • Built: 1926

  • Status: Active

$1,400,000

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6908 N ROBERTS AVE

Portland 97203

$1400000

  • Bed

  • Bath

  • 1169 SqFt

  • 1 DOM

  • Built: 1926

  • Status: Active

Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

-1.3 Acre fenced and gated RV/Boat Storage with seller financing available.- 9.5% Cap Rate on actuals - Seller carry terms yield 8.4% cash-on-cash return- Low vacancy, low maintenance with significant opportunity for increased revenue- All storage leases are month-month. New leases have filled at market rate with ease- Included 2 bedroom 1 bath 949 SF house for manager’s residence, or additional rental income- Detached management officeSeller financing terms:- Down payment: $700,000- Interest rate: 5%- Term: 5 years- Amortization: 30 years- Monthly payment: $3,758

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