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  • DESCRIPTION

    58 Foster is a newly constructed apartment building located in the Foster/Powell neighborhood. Tenants value the modern finishes, secured bike parking, a/c, in-unit washer/dryers, stainless steel appliances, and LVT flooring. Nearby amenities, proximity to the city core, and an efficient average unit size of 490 SF provided a quick lease-up with a strong tenant demographic and will maintain a consistent occupancy rate moving forward.

    KEY DETAILS
    • Price:
    • $5,450,000
    • Bedrooms:
    • 2
    • Square Footage:
    • 16,478
    • Acreage:
    • n/a
    • Year Built:
    • 2017
    • MLS #:
    • 18487378
    • Street Address:
    • 5811 Se Boise St
    • City:
    • Portland
    • State:
    • OR
    • Postal Code:
    • 97206
    • County:
    • Multnomah
    • Area:
    • Portland Southeast
    • Subdivision:
    • Creston - Kenilworth
    • Listing Status:
    • For Sale - Active

    Building

    • Foundation:
    • Slab
    • Siding:
    • Lap Siding, Other
    • Stories:
    • 3
    • Total Building Square Footage:
    • 16478
    • Type Of Roof:
    • Composition
    • Unit 1 - Square Footage Available:
    • 356
    • Unit 1 - Square Footage Available:
    • 412
    • Unit 1 Monthly Rent:
    • 975
    • Unit 2 - Square Footage Available:
    • 394
    • Unit 2 Monthly Rent:
    • 995
    • Unit 3 Monthly Rent:
    • 1125
    • Unit 4 - Square Footage Available:
    • 525
    • Unit 4 Monthly Rent:
    • 1275
    • Unit 5 - Square Footage Available:
    • 557
    • Unit 5 Monthly Rent:
    • 1300
    • Unit Features:
    • Dishwasher, Range, Washer/Dryer, Air Conditioning
    • Unit1 Bathrooms:
    • 1
    • Unit1 Features:
    • Dishwasher, Range, Washer/Dryer, Air Conditioning
    • Unit2 Bathrooms:
    • 1
    • Unit2 Features:
    • Dishwasher, Range, Washer/Dryer, Air Conditioning
    • Unit3 Bathrooms:
    • 1
    • Unit3 Features:
    • Dishwasher, Range, Washer/Dryer, Air Conditioning
    • Unit4 Bathrooms:
    • 1
    • Unit4 Bedrooms:
    • 1
    • Unit4 Features:
    • Dishwasher, Range, Washer/Dryer, Air Conditioning
    • Unit5 Bathrooms:
    • 1
    • Unit5 Bedrooms:
    • 1
    • Unit5 Features:
    • Dishwasher, Range, Washer/Dryer, Air Conditioning
    • View:
    • Territorial
    • Year Built:
    • 2017
    • Year Built Description:
    • New Construction

    Business

    • Adjusted Gross Income:
    • 420333
    • Net Operating Income:
    • 300089

    Land

    • Conforms To Zoning:
    • Cg
    • Lot Description:
    • Level
    • Lot Size:
    • 7, 000 To 9, 999 Sqft

    Listing

    • Legal Description:
    • Myrtle Pk, Block 1, Lot 11, Inc 5' Vac St E Of & Adj Lot 12
    • List Date:
    • 2018-11-07
    • Previous Listing Price:
    • 5675000
    • Terms:
    • Call Listing Agent

    Money

    • Property Taxes:
    • $40,938

    Systems

    • Cooling Description:
    • Wall Unit(s)
    • Heating Description:
    • Zoned
    • Heating Fuel:
    • Electricity
    • Sewage Type:
    • Public Sewer
    • Utilities Included:
    • Trash Collection, Sewer, Water
    • Water Heater:
    • Electricity

    Water

    • Water Amenities:
    • Public

    Source

    • Listing Provided By Windermere Realty Trust

      All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated 3/18/2019 11:16 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.


      ORREG
    School data provided by
    GreatSchools
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    SCHOOL RATINGS
    5

    ARLETA ELEMENTARY SCHOOL
    Middle School
    Public

    5

    ARLETA ELEMENTARY SCHOOL
    Middle School
    Public

    6

    FRANKLIN HIGH SCHOOL
    High School
    Public

    NOTES

    No notes have been added for this home.

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