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Meadowbrook Village

Meadowbrook Village

https://www.josephbernard.net/Meadowbrook-Village-
Address:
6970 SW King Blvd, Beaverton, Oregon 97008
Price:
$2,675,000
Units:
21
Price per unit:
$127,381
Cap Rate:
5.19%
Year Built:
1960

Highlights

  • Ample Parking
  • Long term, stabilized ownership with limited vacancy
  • Fireplaces in most units
  • Rents have immediate upside potential
  • Single Level Apartment community
  • Washer/Dryer Hookups in All Units
  • New Windows & Roofs (4/5)
  • Low density site, yards & open green space
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Meadowbrook Village

Summary

The Meadowbrook Apartments is a 21 unit single level apartment community in Beaverton, OR.  The property has undergone major exterior renovations over the past few years – including new roofs (4 out of 5), & new energy efficient windows.  The property benefits from a strong location in Beaverton, which has a current vacancy average of 2.63%.  The current hands on ownership has resulted in a stable tenant base, with minimal vacancy.  The Meadowbrook provides an investor with the opportunity to purchase a stabilized asset, with immediate rental upside potential.   

Highlights

  • Ample Parking
  • Long term, stabilized ownership with limited vacancy
  • Fireplaces in most units
  • Rents have immediate upside potential
  • Single Level Apartment community
  • Washer/Dryer Hookups in All Units
  • New Windows & Roofs (4/5)
  • Low density site, yards & open green space
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Meadowbrook Village

The City of Beaverton is located seven miles west of Portland, Oregon, in the Tualatin River Valley, and encompasses 19.6 square miles. The city is Oregon’s sixth largest city and the second-largest incorporated city in Washington County. Beaverton is a family-friendly city and is well-known for its many attractive and well-planned neighborhoods. Residents enjoy easy access to a complete range of community services, including the largest shopping district in west metropolitan Portland.

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Meadowbrook Village

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Meadowbrook Village

Document Title Document Type
Property Flyer Adobe PDF
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Meadowbrook Village

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