125 Lancaster CtTroutdale, OR 97060

For Sale
$2,132,500

Five-unit, new construction multifamily.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a brand-new, five-unit townhome building in desirable Troutdale, Oregon. Completed in 2023, this Class A property boasts a total of 1,566 to 1,580 square feet across the units, each featuring three bedrooms and two and a half bathrooms. The contemporary design incorporates spacious floor plans and modern finishes, appealing to a wide range of renters. Located at 125 SW Lancaster Ct, 97060, this property enjoys a prime location near Highway 30, providing easy access to major employers such as Amazon, FedEx, and Boeing. Its proximity to Portland International Airport (PDX), Troutdale Outlets, and Multnomah Falls adds further appeal. The asking price is $2,132,500, representing a price per unit of $426,500. The property's strong performance is reflected in its projected Net Operating Income (NOI) of $106,633 and a 5.00% capitalization rate. This is a turnkey investment opportunity in a thriving market, offering immediate cash flow and significant long-term potential. Individual unit sales may be considered. The building consists of one, two-story structure in Multnomah County.

Highlights

  • Sale Price: $2,132,500 ($426,500 per unit).
  • Five-unit, Class A townhome building.
  • 2023 construction; 3 bed/2.5 bath units, 1,566-1,580 sq ft.
  • Prime Troutdale location near Hwy 30, PDX Airport, and major employers.
  • Projected NOI: $106,633; 5.00% capitalization rate.

Property Details for 125 Lancaster Ct

Property type
Multifamily properties, Residential income homes
Square Feet
1,566 SF
Class
A
Year Built
2023
Buildings
1
Stories
2
Units
5

Location Insight

City
Troutdale
County
Multnomah
State
Oregon
Latitude
45.541450362651
Longitude
-122.40117336685
125 Lancaster Ct, Troutdale, Oregon

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125 Lancaster Ct
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