Mike and Mark McHugh

Portland Home Finder Group

  • Listing status icon

    $8,680,000

  • Active | MLS#: 17182337
  • 0.72Acre

15075 SE STARK ST Portland, OR 97233

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Overview

Opportunity to own 40 residential units with net rentable area of 32,128 sq ft! Studio, 1 BR, 2 BR, and 3 BR units! 20 on site parking spots. Projected rents of $800-1600/monthly. Easy access to freeway, shopping, bus-line, and public transportation. Cap rate between 5.8-6%. Completion set for the end of the year with full occupancy beginning of 2018!

Listing provided courtesy of: Keller Williams Realty Profes.

General Features

  • Acres 0.72
  • Area Portland Southeast
  • Bank Owned Y/N No
  • BusinessName Alexis Apartments
  • Country US
  • Documents Available Floor Plan,Plot - Plat Map,Environmental
  • Fuel Description Electricity
  • Gross Income Projected 662454
  • Heating Description Zonal
  • Net Income Projected 510651
  • Occupancy Types Other
  • Operating Expenses Projected 151810
  • Present Use Multifamily
  • Sewer Description Public
  • Short Sale Y/N No
  • Stories 3
  • Tax Amount 4901.57
  • Terms Cash, Conventional
  • Third Party Approval Y/N No
  • View Y/N No
  • Water Description Public
  • Year Built 2017
  • Year Built Description New Construction
  • Zoning RH

Building Features

  • Buildings Total 1
  • Construction Metal,Fiber Cement
  • Garage Or Parking Spaces 20
  • SqFt Approximate Gross 32128

Room Features

  • Legal Description ASCOT AC, LOT 254 EXC W 77.5' OF S 98.32' & EXC PT IN STS
  • Limited Representation Y/N Full Service

Property Features

  • Lot Size 20,000 SqFt to .99 Acres
  • Parking Description On Site
  • Property Category Commercial Sale
  • Property Type Other
  • Road Surface Paved
  • Roof Type Flat
  • Sale Includes Building, Land

Listing team photo

Mike and Mark McHugh

503-313-1802Meadows Group Inc., Realtors MEAO02

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Price & Status History

Days on Market

  • This property has been listed on the market for 63 days

Location

The property map location is: Accurate, based on Google's address match.
Listing team photo

Mike and Mark McHugh

503-313-1802Meadows Group Inc., Realtors MEAO02

Ask A Question

Community Demographics for Zip Code 97233 (Portland)

Housing Occupancy
  • Home Owners: 8,100 (49%)
  • Renters: 8,074 (49%)
  • Vacant: 428 (3%)
  • Total Housing Units: 16,602
Households
  • Average Household Size: 2.92
  • Housing Density (People per square mile): 10,650
Age Range (number of people)
  • Age 0-14: 12,975
  • Age 15-24: 7,088
  • Age 25-39: 9,101
  • Age 40-59: 10,935
  • Age 60-79: 6,457
  • Age 80+: 1,584
  • Total: 48,140

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 97233 (Portland)

Public Schools in Zip Code 97233 (Portland)

* This list of schools may not match the property above.

DAVID DOUGLAS HIGH SCHOOL 1001 SE 135TH AVE PORTLAND, OR 97233 Phone: 5032618300 9th-12th
Grade Size Distribution
  • 9th: 758
  • 10th: 791
  • 11th: 756
  • 12th: 755
School Population
  • Teachers: 169
  • Students per Teacher: 18.1
  • Students: 3060
  • Male/Female: 1507/1485
School District
  • DAVID DOUGLAS SD 40
  • 1500 SE 130TH AVE PORTLAND, OR 97233
  • Phone: 5032522900
District Population
  • Schools: 16
  • Full-Time Teachers: 575
  • Students per Teacher: 18.4
  • Staff: 1193
  • Students: 10580
CENTENNIAL LEARNING CENTER 17630 SE MAIN ST PORTLAND, OR 97233 Phone: 5037623202 7th-12th
Grade Size Distribution
  • 7th: 4
  • 8th: 11
  • 9th: 19
  • 10th: 18
  • 11th: 27
  • 12th: 53
School Population
  • Teachers: 18
  • Students per Teacher: 7.3
  • Students: 132
  • Male/Female: 66/57
School District
  • CENTENNIAL SD 28J
  • 18135 SE BROOKLYN ST PORTLAND, OR 97236
  • Phone: 5037607990
District Population
  • Schools: 10
  • Full-Time Teachers: 341
  • Students per Teacher: 19.7
  • Staff: 708
  • Students: 6700
HAROLD OLIVER INTERMEDIATE CENTER 15840 SE TAYLOR ST PORTLAND, OR 97233 Phone: 5037623207 4th-6th
Grade Size Distribution
  • 4th: 144
  • 5th: 120
  • 6th: 132
School Population
  • Teachers: 22
  • Students per Teacher: 18.0
  • Students: 396
  • Male/Female: 196/178
School District
  • CENTENNIAL SD 28J
  • 18135 SE BROOKLYN ST PORTLAND, OR 97236
  • Phone: 5037607990
District Population
  • Schools: 10
  • Full-Time Teachers: 341
  • Students per Teacher: 19.7
  • Staff: 708
  • Students: 6700
ALDER ELEMENTARY SCHOOL 17200 SE ALDER ST PORTLAND, OR 97233 Phone: 5032554673 K-5th
Grade Size Distribution
  • Knd: 121
  • 1st: 97
  • 2nd: 118
  • 3rd: 108
  • 4th: 80
  • 5th: 110
School Population
  • Teachers: 34
  • Students per Teacher: 18.6
  • Students: 634
  • Male/Female: 340/283
School District
  • REYNOLDS SD 7
  • 1204 NE 201ST AVE FAIRVIEW, OR 97024
  • Phone: 5036617200
District Population
  • Schools: 20
  • Full-Time Teachers: 581
  • Students per Teacher: 19.7
  • Staff: 1176
  • Students: 11428
FOUR CORNERS SCHOOL 14513 SE STARK PORTLAND, OR 97233 Phone: 5033280420 K-12th
Grade Size Distribution
  • Knd: 5
  • 1st: 6
  • 3rd: 11
  • 4th: 1
  • 5th: 5
  • 6th: 2
  • 12th: 23
School Population
  • Teachers: 8
  • Students per Teacher: 6.6
  • Students: 53
  • Male/Female: 40/13
School District
  • REYNOLDS SD 7
  • 1204 NE 201ST AVE FAIRVIEW, OR 97024
  • Phone: 5036617200
District Population
  • Schools: 20
  • Full-Time Teachers: 581
  • Students per Teacher: 19.7
  • Staff: 1176
  • Students: 11428
HAROLD OLIVER PRIMARY SCHOOL CENTER 15811 SE MAIN ST PORTLAND, OR 97233 Phone: 5037623205 K-3rd
Grade Size Distribution
  • Knd: 109
  • 1st: 128
  • 2nd: 132
  • 3rd: 138
School Population
  • Teachers: 28
  • Students per Teacher: 18.1
  • Students: 507
  • Male/Female: 264/206
School District
  • CENTENNIAL SD 28J
  • 18135 SE BROOKLYN ST PORTLAND, OR 97236
  • Phone: 5037607990
District Population
  • Schools: 10
  • Full-Time Teachers: 341
  • Students per Teacher: 19.7
  • Staff: 708
  • Students: 6700
LINCOLN PARK ELEMENTARY SCHOOL 13200 SE LINCOLN ST PORTLAND, OR 97233 Phone: 5032566504 K-5th
Grade Size Distribution
  • Knd: 83
  • 1st: 96
  • 2nd: 97
  • 3rd: 99
  • 4th: 81
  • 5th: 84
School Population
  • Teachers: 27
  • Students per Teacher: 20.0
  • Students: 540
  • Male/Female: 276/235
School District
  • DAVID DOUGLAS SD 40
  • 1500 SE 130TH AVE PORTLAND, OR 97233
  • Phone: 5032522900
District Population
  • Schools: 16
  • Full-Time Teachers: 575
  • Students per Teacher: 18.4
  • Staff: 1193
  • Students: 10580
LYNCH VIEW ELEMENTARY SCHOOL 1546 SE 169TH PLACE PORTLAND, OR 97233 Phone: 5037623203 K-6th
Grade Size Distribution
  • Knd: 60
  • 1st: 71
  • 2nd: 73
  • 3rd: 72
  • 4th: 76
  • 5th: 80
  • 6th: 76
School Population
  • Teachers: 28
  • Students per Teacher: 18.1
  • Students: 508
  • Male/Female: 240/246
School District
  • CENTENNIAL SD 28J
  • 18135 SE BROOKLYN ST PORTLAND, OR 97236
  • Phone: 5037607990
District Population
  • Schools: 10
  • Full-Time Teachers: 341
  • Students per Teacher: 19.7
  • Staff: 708
  • Students: 6700
NORTH POWELLHURST SCHOOL 1400 SE 135TH PORTLAND, OR 97233 Phone: 5032618470 K
Grade Size Distribution
  • Knd: 228
School Population
  • Teachers: 16
  • Students per Teacher: 14.3
  • Students: 228
  • Male/Female: 98/114
School District
  • DAVID DOUGLAS SD 40
  • 1500 SE 130TH AVE PORTLAND, OR 97233
  • Phone: 5032522900
District Population
  • Schools: 16
  • Full-Time Teachers: 575
  • Students per Teacher: 18.4
  • Staff: 1193
  • Students: 10580

Private Schools in Zip Code 97233 (Portland)

* This list of schools may not match the property above.

ASCENSION EARLY CHILDHOOD CENT 1440 SE 182ND AVENUE Portland, OR 97233 Phone: 5036676750 PreK-K
Grade Size Distribution
  • PreK: 137
  • Knd: 17
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 154
PORTLAND LUTHERAN SCHOOL 740 SE 182nd Ave Portland, OR 97233 Phone: 5036673199 PreK-12th
Grade Size Distribution
  • PreK: 23
  • Knd: 14
  • 1st: 25
  • 2nd: 19
  • 3rd: 18
  • 4th: 20
  • 5th: 33
  • 6th: 27
  • 7th: 22
  • 8th: 19
  • 9th: 25
  • 10th: 25
  • 11th: 38
  • 12th: 35
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 343

* School data provided by US Department of Education


The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Meadows Group Inc., Realtors are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2017 RMLS™, Portland, Oregon. This content last updated on 11/21/2017 7:09 PM PST. Some properties which appear for sale on this site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX and listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional