Goose Hollow Apartments

1814-1820 Southwest Main Street & 1105 SW 18th Avenue, Portland, OR 97205

  • For Sale $2,500,000
  • Property Type Multi-Family
  • Property Size 8,291 SF
  • Units 9
  • Property Tenancy Multi-Tenant
  • Date Updated Oct 21, 2023
Nestled in the vibrant heart of Portland, Oregon, the Goose Hollow Apartments offers a truly exceptional living experience with an array of neighboring amenities. Just steps away, residents have the privilege of accessing the prestigious Multnomah Athletic Club, a haven for fitness enthusiasts and social gatherings. This iconic club boasts state-of-the-art facilities, from well-equipped gyms and swimming pools to indoor sports courts, catering to a variety of active lifestyles. For avid sports fans and outdoor enthusiasts, the renowned Providence Park lies in close proximity, creating a palpable energy during game days. Home to the city's beloved soccer team, this stadium is an epicenter of excitement and camaraderie. Convenience is a hallmark of this location, with an extensive selection of transit options at your doorstep. The Goose Hollow Apartments is seamlessly connected to Portland's efficient public transportation network, including buses and light rail, allowing for easy exploration of the city's eclectic neighborhoods, cultural landmarks, and dining hotspots. Additionally, bike lanes and walking paths offer eco-friendly commuting alternatives, promoting a healthy and sustainable lifestyle.Rare opportunity to acquire three-building apartment complex in the highly desirable Goose Hollow Submarket. The subject buildings are located on one tax lot. The subject buildings are located on one tax lot and consist of one six-unit apartment building, one duplex, and one single-family residence. All nine units are 100% leased at under market rents, providing an investor an attractive opportunity to improve the rents. The property is zoned RM4 allowing for high density residential development, which makes this an attractive future redevelopment opportunity.

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Attachments

Highlights

  • $2,500,000
  • 3.91% Proforma Cap (3.51% Actual)
  • $277k per unit
  • $301/ per square foot
  • 9 Units 100% leased
  • RM4 Zoning (High density residential)

Contacts

broker

Greg Burpee

Macadam Forbes

(503) 972-7282

Location

Getting Around

  • Walk Score ®

    95/100 Walker's Paradise

  • Transit Score ®

    84/100 Excellent Transit

  • Bike Score ®

    88/100 Very Bikeable
Powered by Walk Score ®
  • City Portland, OR
  • Neighborhood Goose Hollow
  • Zip Code 97205
  • Market Portland

Points of Interest

  • Goose Hollow/Southwest Jefferson Street

    0.11 miles

  • Providence Park

    0.19 miles

  • Southwest 11th & Jefferson

    0.39 miles

  • Southwest 11th & Taylor

    0.41 miles

  • Southwest 11th & Clay

    0.42 miles

  • Art Museum

    0.45 miles

  • Central Library

    0.47 miles

  • Southwest 11th & Alder

    0.48 miles

  • Southwest 10th & Clay

    0.48 miles

  • Library/Southwest 9th Avenue

    0.50 miles

  • Chevron

    0.37 miles

  • Blink

    0.79 miles

  • Astro

    0.80 miles

  • Electric Avenue

    0.86 miles

  • Chevron

    0.87 miles

  • Chevron

    0.88 miles

  • Shell

    1.17 miles

  • Shell

    1.50 miles

  • Shell

    1.57 miles

  • Pacific Pride

    1.62 miles

  • U-Park

    0.07 miles

  • Parking Lot A

    0.15 miles

  • Parking Lot B

    0.16 miles

  • City Center Parking

    0.33 miles

  • U-Park

    0.33 miles

  • PMC

    0.36 miles

  • U-Park

    0.37 miles

  • Parking Structure 3

    0.41 miles

  • City Center Parking

    0.43 miles

  • Southpark Garage

    0.48 miles

  • The Inn | Park Lane Suites

    0.24 miles

  • Hotel deLuxe

    0.25 miles

  • Park Lane Suites

    0.27 miles

  • Hyatt Centric

    0.45 miles

  • Sentinel

    0.48 miles

  • Northwest Portland International Hostel and Guesthouse

    0.49 miles

  • Crystal Hotel

    0.49 miles

  • Moxy

    0.51 miles

  • The Mark Spencer Hotel

    0.51 miles

  • Paramount Hotel

    0.52 miles

  • Kinara Thai

    0.03 miles

  • Bellagios Pizza

    0.11 miles

  • Vtopia

    0.13 miles

  • Hotlips Pizza

    0.23 miles

  • Gracie's

    0.26 miles

  • Uno Mas

    0.26 miles

  • Mazatlan

    0.26 miles

  • Gildas Italian Restaurant

    0.26 miles

  • The Soop

    0.26 miles

  • Eat Pizza

    0.27 miles

  • Lincoln High School

    0.07 miles

  • Le Monde

    0.31 miles

  • Beau Monde

    0.33 miles

  • Cathedral School

    0.39 miles

  • Skybridge International

    0.40 miles

  • NW Film Center

    0.46 miles

  • Institute of Religion

    0.46 miles

  • Metropolitan Learning Center

    0.52 miles

  • Portland Institute for Contemporary Art

    0.54 miles

  • Sur La Table Culinary Program

    0.56 miles

  • The Children's Garden

    0.32 miles

  • Helen Gordon Child Development Center

    0.39 miles

  • Saint James Child Development Center

    0.46 miles

  • Fruit & Flower

    0.67 miles

  • KinderCare

    0.70 miles

  • WeVillage

    0.71 miles

  • Moda Tower Child Development Center

    0.86 miles

  • Joyful Noise

    0.96 miles

  • Chapman Elementary School @ The Ramona

    1.07 miles

  • MetroKids Playground

    1.67 miles

Frequently Asked Questions

What is the lease rate for Goose Hollow Apartments?

Rental asking rate at Goose Hollow Apartments is $1,250,000.00/YR.

What is the total square footage of Goose Hollow Apartments?

Goose Hollow Apartments totals 8,291 square feet.

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Contact Listing Broker

broker

Greg Burpee

Macadam Forbes

(503) 972-7282