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Parke Place

Parke Place

http://www.josephbernard.net/parke-place
Address:
5012 NE Cleveland Ave, Portland, Oregon 97211
Price:
$2,900,000
Units:
16
Price per unit:
$181,250
Cap Rate:
5.49%
Year Built:
1911

Highlights

  • Turn key operations
  • Quality units
  • Strong rental history
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Parke Place

Summary

The Parke Place Apartments is a unique offering that features high quality operations, condition, and tenant base. The vintage property includes 16 units with a mix of studios, one and two bedroom units, with off-street parking for five spaces. Located on NE Alberta, it is a great location just off I-5 and down the street from the Alberta Arts District.

Highlights

  • Turn key operations
  • Quality units
  • Strong rental history
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Parke Place

NE Cleveland/NE Alberta

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Parke Place

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Parke Place

Document Title Document Type
Property Flyer Adobe PDF
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Parke Place

Bernard Gehret
bgehret@josephbernard.net
Joseph Bernard, LLC
5200 SW Macadam Avenue
Suite 300
Portland, Oregon 97239
503.546.9390 Main
866.546.9390 Toll Free
503.546.9395 Fax