10175 Stark StPortland, OR 97216

This exceptional investment opportunity presents a 100% occupied, 12,000 sq ft RV park located at 10175 SE Stark St, Portland, OR 97216, in Multnomah County. Currently operating as a thriving food cart pod with eleven carts, each generating $1,050 in monthly rent, this property boasts a stabilized NOI of $93,373 and a 7.47% cap rate (as of May 1, 2023). The property is zoned CX Central Commercial, offering flexibility for future development. Situated at a busy, signalized intersection with high visibility near Starbucks, Chevron, and Bank of America, this location ensures consistent traffic and high tenant demand. The property benefits from built-in rent bumps, minimizing management concerns. This is a rare opportunity to acquire a high-performing, low-maintenance income-producing asset with potential for future appreciation. Seller financing may be available. The APN is R942335090. This established business offers immediate income and long-term development potential, making it an ideal investment for both seasoned and new investors.