Off-Market Condo at 920 NW Naito Pkwy, Portland, OR 97209

920 NW Naito Pkwy, Portland, OR 97209

Unit - #J5

$260,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $129 per day and long-term for an average of $1,737 per month, based on similar listings in the area. Estimated short-term cap rate of 7.1%. Estimated long-term cap rate of -2.9%. Upper Townhouse with great view of the Willamette River, spacious Deck and views from the upstairs bedroom too. Washer/Dryer upper level is a dual unit. Condo includes access to Pool, Hot tub, Fire Pit, Gas grill and walking paths, restaurants and shopping! Parking in carport, Security at entrance, lighted parking. No rent Cap and AirBnB okay. Check on possible purchase of boat slips. HOA fee includes water, sewer, trash and security.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$562
Rental Policy
daily
Yearly Taxes
$5025
Bedrooms
1
Bathrooms
1
SQFT
750
Furnished
N/A
Year built
1982
Listing Status
Off Market
MLS
377770367

Short-term Rental Potential
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$46,800

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$346

Price/SQFT

Long-term Rental Potential
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$20,844

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,737/mo

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