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Southcrest

Southcrest

https://www.josephbernard.net/southcrest
Address:
3724 SE 40th Avenue, Portland, Oregon 97202
Price:
$900,000
Units:
12
Price per unit:
$75,000
Cap Rate:
5.57%
Year Built:
1961

Highlights

  • Swimming Pool
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Southcrest

Summary

The Southcrest Apartments offer many amenities to tenants including a swimming pool, vegetable garden space, 12 space parking lot, laundry facility, and some units have hardwood floors and fireplaces as well.

Located just off of SE Powell Blvd. between SE 40th and 41st Avenue, this property has easy access to the busy SE 39th Avenue with public transportation, restaurants, shopping, and entertainment.

This community features a mix of both one and two bedroom units, and has a 12 space parking lot off 41st Avenue.

Highlights

  • Swimming Pool
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Southcrest

The Creston-Kenilworth neighborhood is located between SE Powell Blvd and SE Holgate Street, bordering SE 26th Avenue and SE Foster Road.  It is named after two parks located within, the Crest Park and Kenilworth Park.

According to the 2000 census, approximately 8,234 people reside in this neighborhood, with approximately 62% being renters and 38% homeowners.

Portland is the largest city in Oregon, and the fourth largest city on the west coast.  The Portland Metro Area is home to nearly two million people, and sits approximately 78 miles from the ocean and 65 miles from the Cascade Mountains.  In 2008 Money Magazine named Portland one of the "Top 10 Places to Live".  Portland is also well known for its strong land-use planning and investment into public transportation.

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Southcrest

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Southcrest

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Southcrest

Document Title Document Type
Property Flyer Adobe PDF
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Southcrest

Joseph Bernard, LLC
5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax