MLS# 23091847 – 125 Sw Lancaster Ct, Troutdale, OR 97060 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Real Estate Investment Group.

Property Description

Description

5 Units

Status: Active

Year Built: 2023

Neighborhood: Lancaster Park

Days on Website: 532

Brand new townhome rental opportunity in Troutdale, OR. Located inside of the Lancaster Park housing development by Arbor Homes, the building is comprised of 3-bedroom, 2.5 bath units with attached garages. The units are designed with the resident in-mind featuring spacious floorplans, contemporary design, and modern finishes. Each unit is on a separate tax lot allowing the buyer to sell units individually in the future or maintain as rentals. The fee simple townhomes are available to be purchased on a unit-by-unit basis or together and are priced accordingly with purchase flexibility for 1 - 5 units. Actual income and expenses are Projected

Property Details and Features

Building

Storage:

Garage

Stories:

Built in 2023

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4,UnitTypeType5

Basement

Basement:

None

Community

Community Features:

CentralAir

Cooling

Cooling Equipped

Cooling:

CentralAir

Expenses

Operating Expense Scheduled:

51317

Operating Expense:

$51,317

Exterior Features

Exterior Description:

WoodSiding

Heating

Heating Available

Heating:

ForcedAir95Plus

Income

CAP Rate:

Gross Income:

$157,950

Gross Rent Multiplier:

13.5

Gross Scheduled Income:

$157,950

Net Operating Income:

$106,633

Net Scheduled Income:

106633

Listing

Contract Status Change Date:

2023-06-07

Days On Market:

531

Last Transaction Date:

2024-05-28 08:53:42

List Price:

$2,132,500

Listing Contract Date:

2023-06-07

Listing Id:

23091847

Mls Status:

Active

Modification Timestamp:

2024-08-04 12:45:01

On Market Date:

2023-06-07

Rent Includes:

None

Standard Status:

Active

Location

MLS Area Major:

_144

Subdivision Name:

LANCASTER PARK

County Or Parish:

Multnomah

Lot

Size Range:

SqFt7000to9999

Size:

7,000 to 9,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner,Leases

Parking

Features:

Attached,Garage

2 total parking spots

Property

Number Of Units Total:

Property Condition:

NewConstruction

Zoning:

MDR

Roof

Roof:

Composition

Schools

High School:

Reynolds

Middle Or Junior School:

Walt Morey

Elementary School:

Troutdale

Security Features

Features:

Entry

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$19,500

Legal Description

Unit One

Actual Rent:

$2,750

Area:

1580

Features:

AirConditioning,Dishwasher,Disposal,Microwave

Units Total:

3 total bathrooms

3 total bedroom

Unit Two

Actual Rent:

$2,650

Area:

1566

Features:

AirConditioning,Dishwasher,Disposal,Microwave

Units Total:

3 total bathrooms

3 total bedroom

Unit Three

Actual Rent:

$2,750

Area:

1566

Features:

AirConditioning,Dishwasher,Disposal,Microwave

Units Total:

3 total bathrooms

3 total bedroom

Unit Four

Actual Rent:

$2,750

Area:

1566

Features:

AirConditioning,Dishwasher,Disposal,Microwave

Units Total:

3 total bathrooms

3 total bedroom

Unit Five

Actual Rent:

$2,850

Area:

1580

Features:

AirConditioning,Dishwasher,Disposal,Microwave

Units Total:

3 total bathrooms

3 total bedroom

Utilities

Fuel Description:

Gas

Hot Water Description:

Gas,Tankless

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$2,132,500 -

125 Sw Lancaster Ct Troutdale , OR 97060

MLS Area Major: _144

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 20, 2024 12:46PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.