263 Cumberland Avenue, Portland

Multi-Family for Sale
Catylist Listing ID: 30653152
Property Subtypes: Mid-Rise, Other
Building Status: Proposed
Number of Units: 89 Units
Building Size (RSF): 26,450 SF
Gross Building Area: See Agent
Sale Price: $2,200,000
Unit Price: $24,719.10 Per Unit
Property Use Type: Investment
Sale Terms: Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 4/23/2024

Overview / Comments

Fully approved 89-room SRO to be developed in the Downtown Portland/Backbay Area

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $0 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: Map 26, Block F, Lots 8 &16
Zoning: BUSINESS COMMUNITY (B2) WITH RESIDENTIAL OVERLAY (R-7)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 26,297 74,905 111,973
Median Age: 33.75 37.96 39.29
Households: 13,638 35,116 50,379

Contact

Photograph of Listing Agent

Frank O'Connor

The Dunham Group NECPE Member
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