Studio pointe

$3,000,000 Asking Price — $100,000 per unit and approximately $428 per rentable square foot.

6.00% Scheduled Cap Rate — Scheduled annual net operating income of $180,016.

30 Studio Apartments — Approximately 7,009 rentable square feet in a purpose-built community.

2020 Construction — Contemporary interiors with granite countertops, vinyl plank flooring, and full appliance packages.

MULTE Property-Tax Benefit — An existing exemption on eligible improvement value supports operating cash flow.

Income-Restricted Housing — All 30 studios serve households at or below 60% MFI under the recorded Inclusionary Housing Covenant.

Sellwood-Moreland Location — Access to neighborhood dining, retail, parks, and public transportation.

Resident Conveniences — Secure bicycle storage and on-site laundry.