Buy & Hold | Aug 2019 - Present

[AJ Shepard]

Investment Info:

Large multi-family (5+ units) buy & hold investment in Portland.

Purchase price: $1,220,000
Cash invested: $440,000

Contributors:
Chris Shepard

This 8-plex multifamily property is located in the Vista Hills neighborhood and is close to shopping, bus lines and public transportation. All of the apartment units have the 2 bedroom/1.5 bathroom layout. There are newer vinyl windows throughout, and the paint and flooring are all renovated. There is also a deck and an additional storage space located off the living room. From the deck, you can enjoy the wooded view and hear the water from Golf Creek running.