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listing
1 of 10
Commercial
$1,700,000
6908 N Roberts Ave
Portland, OR 97203
Listing Provided Courtesy of Works Real Estate
MLS: Regional Multiple Listing Service (RMLS)
1,013Sq Ft
Est. Mortgage
$8,875/mo

-1.3 Acre fenced and gated RV/Boat Storage with seller financing available.- 7.4% Cap Rate on actuals - Seller carry terms yield 8.3% cash-on-cash return- Low vacancy, low maintenance with significant opportunity for increased revenue- All storage leases are month-month. New leases have filled at market rate with ease- Included 2 bedroom 1 bath 949 SF house for manager’s residence, or additional rental income- Detached management officeSeller financing terms:- Down payment: $700,000- Interest rate: 6%- Term: 5 years- Amortization: 30 years- Monthly payment: $5,996

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