$1,999,950
PENDING

8955 SW Club Meadow Ln Portland, OR 97225

Estimated payment $11,651/month

Total Views 10,021
9 Beds
7 Baths
3,571 Sq Ft
$560 Price per Sq Ft

Highlights

  • Handicap Accessible
  • 95% Forced Air Zoned Heating and Cooling System
  • 1-Story Property

About This Home

Exceptional 5-Bed Adult Care Home Business in SW Portland (9 Total Bedrooms)Nestled in a quiet residential neighborhood in Southwest Portland, this well-established 5-bed adult care home offers a rare opportunity for an experienced healthcare operator to acquire a profitable and fully licensed residential care business. This turn-key operation not only provides quality care in a home-like setting but also delivers a strong return on investment.This care home currently generates nearly significant Net Operating Income (NOI) under a specific needs contract. With updated financials for 2025 and owner-specific expenses removed, you’ll see a clear picture of its true cash flow potential. The return on investment is approx. 16% a year. The sale includes the property, the established business, and a current DHS license, enabling the new owner to continue operations without interruption. The seller is committed to supporting a smooth transition and will provide full assistance throughout the licensing and operational handoff.Buyer Requirement: To maintain licensing and ensure continuity of care, the buyer must have at least 2 years of experience in the healthcare industry.This is an exceptional opportunity to step into a thriving care home with immediate income and long-term potential. Ideal for a healthcare professional or operator looking to expand their footprint in the Portland metro area.Actual business number can be provided with signed NDA. Buyer to do own diligence.

Listing Agent

Jason Mendell

eXp Realty, LLC Brokerage Phone: 503-349-4711 License #201219949 Listed on: 04/08/2025

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,009

Year Built

  • Built in 1990 | Remodeled

Home Design

  • Slab Foundation
  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 3,571 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Parking

  • Driveway
  • On-Street Parking

Accessible Home Design

  • Handicap Accessible

Schools

  • Raleigh Park Elementary School
  • Whitford Middle School
  • Beaverton High School

Utilities

  • 95% Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number R104121

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,009

Year Built

Built in 1990 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1990
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: Garage
  • Total Bedrooms: 9
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Security: HandicapAccess
  • Cooling Y N: No
  • Heating: ForcedAir95Plus
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: CentralAir

Schools

  • Elementary School: Raleigh Park
  • High School: Beaverton
  • Middle Or Junior School: Whitford

Lot Info

  • Zoning: 0
  • Parcel #: R104121

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: CableTV, Electricity, Gas, Heat, Sewer, TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 7008.67

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 1

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,009 $522,680 -- --
2024 $6,581 $375,750 -- --
2023 $6,581 $364,810 $0 $0
2022 $6,368 $364,810 $0 $0
2021 $6,139 $343,880 $0 $0
2020 $5,954 $333,870 $0 $0
2019 $5,759 $324,150 $0 $0
2018 $5,571 $314,710 $0 $0
2017 $5,371 $305,550 $0 $0
2016 $5,179 $296,660 $0 $0
2015 $4,863 $288,020 $0 $0
2014 $4,732 $279,640 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Pending -- -- --
04/08/2025 04/08/25 For Sale $1,999,950 -- $560 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $650,000 First American
Warranty Deed $161,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Construction
Previous Owner $102,000 No Value Available
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 781370384

Regional Multiple Listing Service (RMLS)

APN: R0104121