The Courtyard at Park Place
The Courtyard at Park Place
https://www.josephbernard.net/the-courtyard-at-park-place- Address:
- 2755 NE Hogan Dr, Gresham, Oregon 97030
- Price:
- $1,675,000
- Units:
- 13
- Price per unit:
- $128,846
- Cap Rate:
- 5.43%
- Year Built:
- 1974
Highlights
- Variety unit types
- Remodeled units
- Fireplaces in 9 units
- Washers & dryers inside 9 units
- Common area laundry
- Off-street parking
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The Courtyard at Park Place
Summary
The Courtyard at Park Place features thirteen remodeled units located on a prime Gresham location off NE Hogan Drive. The units feature a wide mix of unit types, including one studio, four one-bedroom units, four two-bedroom units, and four two-bedroom town homes. Nine of the units have washers and dryers, with common area laundry for the other four units. The units have been remodeled, and have newer water heaters, toilets, flooring and some new appliances and cabinet updates. The large parking lot provides for ample off-street parking. Many of the units have private decks. The sellers extensively remodeled four of the units in 2016/2017, and there is significant upside in the rental income of the remaining units.
Highlights
- Variety unit types
- Remodeled units
- Fireplaces in 9 units
- Washers & dryers inside 9 units
- Common area laundry
- Off-street parking
The Courtyard at Park Place
NE Hogan Dr/NE Red Sunset Dr/NE 27th Terrace
Located a short walk away from Red Sunset Park and just blocks from Gresham Golf Course.
The Courtyard at Park Place
The Courtyard at Park Place
Document Title | Document Type |
---|---|
Property Flyer | Adobe PDF |
The Courtyard at Park Place
Bernard Gehret
bgehret@josephbernard.net5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax