Tam-O-Shanter Apartments
Property Details
Price
$2,350,000
Building Size
14,500 SF
Property Details
High-Rise
Total Lot Size
0.94 Acres
Description

Tam-O-Shanter is a 15-unit value-add multifamily property in Milwaukie's Jennings Lodge neighborhood, offered together with an adjacent 6,055 SF commercially zoned lot. With a majority of units in original condition and below-market rents, there is a clear path to increased income through renovation, while the additional lot provides further opportunity for future development or expansion.

Highlights
15-unit value-add multifamily with clear upside through unit renovation and rent growth
Mix of eight loft-style 1-bed/1.5-bath units and seven 2-bed/1.5-bath townhouses with in-unit laundry
Vacant units available for immediate renovation and lease-up at market rents
Offered with an adjacent 6,055 SF commercially zoned lot, adding future development potential
Call listing brokers for more details
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Brokers

Cooper Collins
Broker
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