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The Courtyard at Park Place

The Courtyard at Park Place

http://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

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The Courtyard at Park Place

Document Title Document Type
Property Flyer Adobe PDF

The Courtyard at Park 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