6040 Belmont StPortland, OR 97215
Prime SE Portland Investment Opportunity
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 94
Highlights
- Investment opportunity: SE Portland senior living/office building with value-add potential.
- 131,640 SF building anchored by Marquis Mt. Tabor, a regional senior care provider with 30 locations, representing 84.34% occupancy.
- Strong in-place income with long-term anchor tenant and additional office tenants.
- Value-add potential through renovations, rent increases, and conversion of underutilized space.
- 3.77 acres across two parcels: main building and a separate developable parcel zoned RM1.
Property Details for 6040 Belmont St
- Property type
- Retirement homes, Multifamily properties
- Square Feet
- 131,640 SF
- Class
- B
- Year Built
- 1922
- Lot Size (sq. ft)
- 164,221 SF
Location Insight
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Latitude
- 45.51675221
- Longitude
- -122.60143566
Nearby Similar for Sale
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