SELLER FINANCING NOW AVAILABLE. CALL BROKER FOR INFORMATION.Kern Park Apartments is an excellent opportunity to acquire a high-quality 2020-construction apartment building in Southeast Portland. Located at 6940 SE Long St, Kern Park Apartments is a 15-unit asset with a balanced units mix featuring nine (9) one-bed/one-bath units and six (6) two-bed/ one-bath units. The efficient unit layouts and modern finishes offer residents a clean, comfortableliving environment in an actively growing submarket.The building showcases the benefits of newer construction: fully sprinkled, separately metered, and built with durable, high-quality, sound-dampening materials. Systems and interiors reflect a “builtto- hold” standard rather than value-engineered construction, giving the property lower operating intensity compared to older competing stock. Residents enjoy contemporary interiors including stainless steel appliances, quartz countertops, modern cabinets, LVP flooring, and quality fixtures. All units have in-unit washers and dryers..With stabilized operations, limited to no deferred maintenance, and a location benefiting from continued neighborhood improvement, 6940 SE Long St represents a rare chance to acquire a modern, low-maintenance asset in one of Southeast Portland’s most promising growth pockets.
ARCHITECTURE
Stories: 3
Condition: Approximately
Year Built: 2020
INTERIOR FEATURES
Heating Type: Other
Fuel Type: Electricity
Interior SqFt: 9002
EXTERIOR FEATURES
Lot size (Acres): 0.14
Zoning: CM2
Water Source: Public Water
Sewer: Public Sewer
SCHOOLS
Elementary: Arleta
High School: Franklin
Middle: Kellogg
TAX & FINANCIAL
Annual Tax: $31730.05
Terms Considered: CallListingAgent, Cash, Contract, Conventional, Owner Will Carry
Tax Year: 2025
LISTING INFO
Listing courtesy of SMI Commercial Real Estate LLC
Member of: National Association of REALTORS® (NAR)
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Property ID - | 869818
Agents make every effort to ensure the accuracy of listing details; however, all buyers should conduct their own due diligence before making decisions. Neither the listing agent nor the brokerage shall be liable for errors, omissions, or outdated information. All data is provided as a service and is intended strictly for the personal, non-commercial use of potential buyers.