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Masberg Court

208 NE 66th Avenue , Portland, Oregon 97213

$4,250,000

Status:
Available
County:
Multnomah
Units:
25
Year Built:
1957
Unit Price:
$170,000
Land Size:
0.82 Acres
Building Size:
14,350 sq. ft.
Price per SF:
$296
CAP Rate:
5.04%
Unit Mix:

Twenty-one (21) one-bedroom, one-bathroom and four (4) two-bedroom, one-bathroom units. 

Floors:
1
Laundry Room:
Yes
Roof Type:
Asphalt Shingle
Property Photo

Introducing Masberg Court, a 25-unit apartment complex located in the North Tabor neighborhood of Portland, Oregon. Built in 1957, the property consists of three, one-story buildings offering a mix of one- and two-bedroom floor plans. The practical layout is complemented by essential amenities, including off-street parking and on-site laundry facilities.

The property is currently self-managed, which presents a unique upside opportunity through the implementation of a professional management company.

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25
Units
1957
Year Built
14,350
SQ. FT.

Property Location