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Greenburg Road Apartments 9520 SW Greenburg Rd 61 Unit Apartment Building For Sale Tigard, OR 97223

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Investment Highlights

CINW is pleased to present The Gables at Greenburg, a premier multifamily investment opportunity in Tigard, Oregon
Located just 10 miles south of Portland with direct freeway access to Hwy 217 and I-5, The Gables benefits from diverse employment base

This Class A, garden-style property was built in 2020 and offers 61 units across a modern 3-story wood-frame design with premium in-unit amenities
The property is fully stabilized with strong rent growth potential, positioned in a submarket with below-regional vacancy rates

Executive Summary

Built in 2020 — Class A, Garden Style Construction - Pricing Well Below Replacement Cost (call broker for guidance)
61 Units | 50,103 SF Net Rentable Area | Average Unit Size: 821 SF (~16% larger than existing inventory in the Tigard submarket)
1.53 Acres | 85 Total Parking Spaces (66 Surface + 19 Garage) | Parking Ratio: 1.39 per unit
3-Story Wood Frame | Pitched Composition Asphalt Roof | Hardie Plank Lap Siding
9-Foot Ceilings / Vaulted Top Floor | Double Pane Vinyl Windows | Fully Sprinklered
In-Unit Full-Size Washer/Dryer | Deck/Patio | Garage Parking Available I Leasing Office On-Site
Direct Freeway Access to Hwy 217 & I-5 — Under 25 Minutes to Downtown Portland & PDX
Adjacent to Washington Square Mall — Oregon's Largest Regional Shopping Center
Tigard's High-Income Submarket: $108,800 Median Household Income | 38.4% Renter Rate | ~3.2% Vacancy
10.1% Rent Upside Based on Recent Lease Trade-Outs - 95% Occupied — Fully Stabilized Asset
Strong Institutional Employment Base: Nike, Intel, Tektronix, Columbia Sportswear, Providence Health
Washington Square Mall Redevelopment Underway: 142K SF Dick's House of Sport Opening Fall 2027

Offering Memorandum
Operating and Financials
Miscellaneous

Property Facts

Sale Type	Investment	Lot Size	1.53 AC
No. Units	61	Building Size	66,646 SF
Property Type	Multifamily	No. Stories	3
Property Subtype	Apartment	Year Built	2020
Apartment Style	Garden	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	B
Zoning	MUE-1

Sale Type	Investment
No. Units	61
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Garden
Building Class	B
Lot Size	1.53 AC
Building Size	66,646 SF
No. Stories	3
Year Built	2020
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	MUE-1