Description
A rare commercial multi-family build job opportunity. 2 12-Plex buildings on a 1-acre site. Each building is 3 levels with each level comprised of 3 2-bed 1 bath units & 1 1-bed 1 bath unit. Each unit is between 805-817sf. There are 48 parking spaces. 4.82% Cap Rate. Est $337,441 NOI. Less than 1 Mile to I-84 & Garrity Exit. Minutes from 650,000sf Amazon warehouse w/ over 2000 jobs. Includes full landscaping with pressurized irrigation & the North, East & South boundaries will have a 6 vinyl privacy fence. The builder is currently in the process of obtaining the building permits with the goal of starting construction in early August with an approximate completion date of Spring 2023. The builders have targeted a more high-end finish to attract a higher level of tenant. The units will be finished with a mid-level cabinet topped by quartz countertops & SS appliances (refrigerator, dishwasher, electric range, microwave, & washer/dryer). Mix of carpet & luxury vinyl plank flooring.
Directions: I-84->S on Garrity->E on Flamingo->S on Happy Valley->W on Airport->N on 44th
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14BEDS
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0.98ACRES
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8BATHS
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01/2 BATHS
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19,446SQFT
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$347$/SQFT
School Information
Courtesy of Silvercreek Realty Group.Description
A rare commercial multi-family build job opportunity. 2 12-Plex buildings on a 1-acre site. Each building is 3 levels with each level comprised of 3 2-bed 1 bath units & 1 1-bed 1 bath unit. Each unit is between 805-817sf. There are 48 parking spaces. 4.82% Cap Rate. Est $337,441 NOI. Less than 1 Mile to I-84 & Garrity Exit. Minutes from 650,000sf Amazon warehouse w/ over 2000 jobs. Includes full landscaping with pressurized irrigation & the North, East & South boundaries will have a 6 vinyl privacy fence. The builder is currently in the process of obtaining the building permits with the goal of starting construction in early August with an approximate completion date of Spring 2023. The builders have targeted a more high-end finish to attract a higher level of tenant. The units will be finished with a mid-level cabinet topped by quartz countertops & SS appliances (refrigerator, dishwasher, electric range, microwave, & washer/dryer). Mix of carpet & luxury vinyl plank flooring.
Directions: I-84->S on Garrity->E on Flamingo->S on Happy Valley->W on Airport->N on 44th
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