BuildingBits || Details

Hollywood 12 Multifamily Portland, OR

1728 NE 45th Ave., Portland, Oregon

BB Rating™
Projected Cap Rate
Reg D 506(c) & Reg A Pending

Funded: 0.80%

$15,600 raised of $1,961,614

Property Summary

Investment summary:

BuildingBits is proud to offer this brand new, luxury multifamily development, located in the heart of Portland Oregon’s hip Hollywood District. Consisting of 12 spacious units, the project features contemporary architecture, large windows, balconies, and city views. At a 5.3% cap rate based on acquisition price, this property is attractively priced for newly constructed multifamily in a supply constrained market.

As Oregon’s biggest city with roughly 60% of the state’s population living the metro area, Portland has seen population boom over the last two decades with over 10% growth per census report. Sustained job growth and an abundance of culture has helped Portland blossom into a truly metropolitan city that is currently in the midst of a housing shortage.

Only blocks away from Wholefoods and the historic Hollywood Theatre, this apartment building also boasts easy access to Portland’s wonderful public transit system making it an ideal location for people looking to experience the best of what Portland has to offer. In addition, with local access to I-84, this building’s location bodes well for any metro commute.

Key features:

- Walk Score 94: “Walker’s Paradise”
- Bike Score 98: “Biker’s Paradise”
- No Rent Control
- New Construction
- Balconies
- Large units

Transaction status:

Due Diligence
Fully Funded
Fast facts:

Building info:

Projected Cap Rate:
BB Rating™:
Property Type:
Year Built:
Square Footage:
9,889 SF
Rentable Square Footage:
9,889 SF
Number of Floors:
Number of Units:
Type of Construction:
Curtain Glass Steel Frame
Listing ID:

Tenant summary:

BuildingBits has partnered with a local, top tier management company that is handling the lease-up, and has a stringent selection process to ensure quality tenancy with limited turn-over.


Investor Comments

To review or comment on a property you must be a BuildingBits Investor (have made a Bits investment) After you make your first investment you can rate and make comments on investment properties.

Funded: 0%

$15,600 raised of $1,961,614

Ask away

Have a question about this property? Our Transparency Guarantee means we will make every effort we can to get you any all information you need to make an informed decision. If you don't see something here or in our FAQs , reach out to us and we'll help you get the information you need.

Email Us
Call Us: 1-833-BITS PAY
Chat with Us