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Patricia Anne Apartments

Patricia Anne Apartments

http://www.josephbernard.net/patricia-anne-apartments
Address:
737 SE 187th Ave, Gresham, Oregon 97233
Price:
$2,635,000
Units:
14
Price per unit:
$188,214
Cap Rate:
6.33%
Year Built:
1966

Highlights

  • Stabilized investment opportunity
  • Large 3 bedroom townhome style units
  • Washer/dryer hookups
  • Attached garages (13 out of 14 units)
  • Low density site, nearly 1 acre
  • Low vacancy sub-market
  • Historically low turnover
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Patricia Anne Apartments

Summary

A stabilized investment opportunity located in Gresham, Oregon. The Patricia Anne Apartments consist of large 3 bedroom townhome style units, with attached garages. Unit amenities include large floor plans, washer/dryer hook-ups in each unit, and various upgrades throughout the complex. Located on a quiet residential street, and sitting on a nearly 1 acre lot – the Patricia Anne Apartments is a unique housing opportunity in today’s market.

Highlights

  • Stabilized investment opportunity
  • Large 3 bedroom townhome style units
  • Washer/dryer hookups
  • Attached garages (13 out of 14 units)
  • Low density site, nearly 1 acre
  • Low vacancy sub-market
  • Historically low turnover
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Patricia Anne Apartments

SE 187th Ave/SE Yamhill St/SE Stark St

The property backs up to South Rockwood Park.

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Patricia Anne Apartments

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Patricia Anne Apartments

Document Title Document Type
Property Flyer Adobe PDF
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Patricia Anne Apartments

Phillip Barry
pbarry@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
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