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18th Court Apartments

18th Court Apartments

https://www.josephbernard.net/2998_18th_2009
Address:
2998 NE 18th Court, Gresham, Oregon 97030
Price:
$500,000
Units:
8
Price per unit:
$62,500
Cap Rate:
5.88%
Year Built:
1977

Highlights

  • Dramatically Lower Rents
  • Spacious One and Two Bedroom Units
  • Off Street Parking
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18th Court Apartments

Summary

Spacious one and two bedroom units located on a quiet cul-de-sac. Property has a large parking lot, with plenty of off street parking. Rents are dramatically lower than market, with tremendous potential to increase.

Highlights

  • Dramatically Lower Rents
  • Spacious One and Two Bedroom Units
  • Off Street Parking
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18th Court Apartments

Irvington is a classic American neighborhood, with beautiful older homes, manicured lawns, enormous mature trees, and quiet streets with sidewalks made for evening strolls. Live in Irvington if you appreciate the joys of owning an older home, (or enjoy restoration projects), and appreciate the classic appeal of an old established neighborhood. There are also plenty of rentals in the area. This is also great location if living in a well-known, prestigious Portland neighborhood is important to you. Other benefits of Irvington include the convenience of being near shopping, walking to the coffee shop in the morning, and becoming a part of the community.

According  to the 2000 Census approximately 2,575 people reside in the Glenfair community, with approximately 72% being renters and 28% home owners.  Portland is the largest city in Oregon, and the fourth largest city on the west coast.  The Portland Metro Area is home to nearly 2 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.  Some of the larger Portland employers include Nike, Columbia Sportswear, Tektronix, Precision Castparts Corp, and Mentor Graphics Corp.

 

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18th Court Apartments

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18th Court Apartments

Joseph Bernard, LLC
5200 S Macadam Avenue
Suite 300
Portland, Oregon 97239
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax