804 SE Cesar E Chavez Blvd

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Address: 804 SE Cesar Estrada Chavez Blvd, Portland, OR 97214, USA
Created date: May 13, 2024
Date last updated: June 5, 2024
  • - 23 one bed one bath units with a large amount of rent upside
  • - While on the URM list, seller carry provides optionality for the buyer
  • - Original built ins and wood floors allow for sought-after charm that can't be found in newer builds
  • - Onsite staff office is a rare feature for a smaller apartment like this.
  • - Parking lot tucked in behind the building
  • - Seller is a non profit which allows for some creative disposition strategies
  • - Some residents are short term residents who have been temporarily relocated from other properties in the owner's portfolio, allowing for new owner to begin upgrades sooner on some of the units.
  • -Multiple seller carry options are possible.

Property Description

The Laurelhurst Apartments are situated at the desirable corner of SE Cesar Chavez and SE Belmont, just blocks from Laurelhurst Park. The property boasts 23 one bed one bath units in a building with historic charm. The ownership prefers to transact with seller carry with an operator who can demonstrate a strong track record and can be accommodating and flexible on the timing of any future remodeling.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $2,230,000
No. of Units: 23
Year Built: 1917
Lot Size: 0.36 Sq ft
Opportunity Zone: No
Price per unit: $96,957
Property Website Click Here
Address: 804 SE Cesar E Chavez Blvd, Portland, OR 97214, USA
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