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Faits saillants de l'investissement
- Portfolio offers 45 units across two well-located Portland multifamily assets.
- Value-add potential through unit renovations, rent growth, and operational efficiencies.
- Strong in-place income with stable occupancy and demonstrated renter demand.
- Prime urban locations near transit, employment centers, and everyday amenities.
Résumé de l'annonce
This multifamily portfolio offers investors the opportunity to acquire two well-located, income-producing assets in Portland, Oregon: Paradise Villa Apartments (17 units) and Watergate Apartments (28 units), totaling 45 units across two highly accessible urban submarkets. Both properties benefit from strong renter demand driven by proximity to major employment centers, retail amenities, and established residential neighborhoods.
Paradise Villa Apartments, located along SE Cesar Estrada Chavez Blvd, offers excellent visibility and walkability near New Seasons Market, Ladd’s Addition, and the Division/Clinton corridor, with convenient access to downtown Portland and I-5. Watergate Apartments, situated near the South Waterfront district, provides proximity to OHSU, transit lines, and key employment hubs while maintaining a more attainable basis than riverfront properties.
Each asset features a mix of studio and one-bedroom units with historically stable occupancy and demonstrated income performance. Recent unit updates across both properties enhance tenant appeal, while remaining value-add potential exists through continued interior renovations, operational efficiencies, and rent optimization.
With strong in-place cash flow, strategic locations, and long-term upside tied to Portland’s constrained housing supply and ongoing neighborhood growth, this portfolio presents a compelling acquisition opportunity for investors seeking both scale and appreciation potential in a dynamic urban market.
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Paradise Villa Apartments, located along SE Cesar Estrada Chavez Blvd, offers excellent visibility and walkability near New Seasons Market, Ladd’s Addition, and the Division/Clinton corridor, with convenient access to downtown Portland and I-5. Watergate Apartments, situated near the South Waterfront district, provides proximity to OHSU, transit lines, and key employment hubs while maintaining a more attainable basis than riverfront properties.
Each asset features a mix of studio and one-bedroom units with historically stable occupancy and demonstrated income performance. Recent unit updates across both properties enhance tenant appeal, while remaining value-add potential exists through continued interior renovations, operational efficiencies, and rent optimization.
With strong in-place cash flow, strategic locations, and long-term upside tied to Portland’s constrained housing supply and ongoing neighborhood growth, this portfolio presents a compelling acquisition opportunity for investors seeking both scale and appreciation potential in a dynamic urban market.
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Faits sur la propriété
| Prix | 7 986 321 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 312,20 $ CAD / pi² | Individuellement en vente | 0 |
| Type de vente | Investissement | Taille totale du bâtiment | 25 581 pi² |
| Statut | Actif | Superficie totale du terrain | 1,15 AC |
| Prix | 7 986 321 $ CAD |
| Prix/pi² | 312,20 $ CAD / pi² |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 25 581 pi² |
| Superficie totale du terrain | 1,15 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
|
Watergate Apartments
10 SW Porter St, Portland, OR 97201 |
Immeuble residentiel | 14 319 pi² | 1976 | - |
|
Paradise Villa
600-610 SE 39th Ave, Portland, OR 97214 |
Immeuble residentiel | 11 262 pi² | 1943 | - |
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Multifamily Portfolio Sale
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