Meadowbrook Village
Meadowbrook Village
https://www.josephbernard.net/Meadowbrook-Village-- Address:
- 6970 SW King Blvd, Beaverton, Oregon 97008
- Price:
- $2,675,000
- Units:
- 21
- Price per unit:
- $127,381
- Cap Rate:
- 5.19%
- Year Built:
- 1960
Highlights
- Ample Parking
- Long term, stabilized ownership with limited vacancy
- Fireplaces in most units
- Rents have immediate upside potential
- Single Level Apartment community
- Washer/Dryer Hookups in All Units
- New Windows & Roofs (4/5)
- Low density site, yards & open green space
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Meadowbrook Village
Summary
The Meadowbrook Apartments is a 21 unit single level apartment community in Beaverton, OR. The property has undergone major exterior renovations over the past few years – including new roofs (4 out of 5), & new energy efficient windows. The property benefits from a strong location in Beaverton, which has a current vacancy average of 2.63%. The current hands on ownership has resulted in a stable tenant base, with minimal vacancy. The Meadowbrook provides an investor with the opportunity to purchase a stabilized asset, with immediate rental upside potential.
Highlights
- Ample Parking
- Long term, stabilized ownership with limited vacancy
- Fireplaces in most units
- Rents have immediate upside potential
- Single Level Apartment community
- Washer/Dryer Hookups in All Units
- New Windows & Roofs (4/5)
- Low density site, yards & open green space
Meadowbrook Village
The City of Beaverton is located seven miles west of Portland, Oregon, in the Tualatin River Valley, and encompasses 19.6 square miles. The city is Oregon’s sixth largest city and the second-largest incorporated city in Washington County. Beaverton is a family-friendly city and is well-known for its many attractive and well-planned neighborhoods. Residents enjoy easy access to a complete range of community services, including the largest shopping district in west metropolitan Portland.
Meadowbrook Village
Meadowbrook Village
Document Title | Document Type |
---|---|
Property Flyer | Adobe PDF |
Meadowbrook Village
Phillip Barry
pbarry@josephbernard.net5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax