The Martin
$3,660,000
2955 Northeast Martin Luther King Junior Boulevard, Portland, OR 97212
5.2
Cap Rate
191,750
NOI
Details:
Description:
The Martin is part of a three apartment portfolio also including The Louie and The King. They are three unique apartment buildings in NE Portland stylish core. They feature 41 amenity rich apartment units. These include in unit washer and dryers, balconies, hardwood floors, dishwashers, stainless steel appliances, and more. The total sale price is $10,600,000.
North Eliot is a lifestyle rich, walkable neighborhood containing shops, breweries, restaurants, chain stores, and grocery stores. The apartments are well connected, being on MLK JR Blvd, Portland's primary North-South surface road. They are within the I-5 corridor and and are served by Trimet Bus Line 6. Legacy Emanuel Hospital, the Moda Center, the Lloyd Center, and several Portland Public Schools are within walking distance.
Walk Score of 89 and Bike Score of 99
100% Occupancy
Easy access via I-5, I-84, and Trimet Line 6
Amenity-rich units
Location
