Summary

The Allendale Apartments are located within the strong sub-market of Beaverton, Oregon (Washington County), and provide a stable and affordable housing option within a growing sub-market.  The city of Beaverton population currently sits at approximately 100,000, and offers residents access to many major employers within Beaverton & other neighboring Washington County suburbs, while also providing access to the city of Portland less than 10 miles away. The specific location of the Allendale Apartments is set to benefit from the Allen Blvd. District Plan, which focuses on a roughly one quarter mile stretch of Allen Blvd. between Hwy. 217 & Murray Blvd, and provides a focus on enhancing the livability & businesses in the surrounding area - https://content.civicplus.com/api/assets/ed4343b9-4e6c-460e-843e-45da2a73db69

The Allendale Apartments consist of (4) 1 bedroom/1 bath units and six (6) 2 bedroom/1 bath units, providing tenants with spacious & functional living spaces.  The community has on-site coin-op laundry, off-street parking, and has the potential for a future owner to add storage lockers for the community.  The complex has a combination of newer & long-term tenants, with the majority of units being updated in recent years.   Major capital improvements to the complex include New roofing (2018), New parking lot (2018/19), New exterior paint (2021), New perimeter fencing (2023), New Insulation/Vapor Barrier (2023), and unit upgrades (2018-2024).   

Rare opportunity to acquire a small Washington County apartment community, in the path of progress in Beaverton.