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The Burgess Apartments
The Burgess Apartments
https://www.josephbernard.net/burgess- Address:
- 2051 NW Lovejoy Street, Portland, Oregon 97210
- Price:
- $1,850,000
- Units:
- 15
- Price per unit:
- $123,333
- Cap Rate:
- 4.59%
- Year Built:
- 1927
Highlights
- Well maintained, Turn-key
- Located along street car line
- New Roof in 2014
- Ability to enact utility bill back system
- Immediate rental upside
- A+ Location in NW Portland
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The Burgess Apartments
Summary
This property is located in a prime, northwest Portland location, right along the street car line. It features a new roof, and has been well-maintained.Highlights
- Well maintained, Turn-key
- Located along street car line
- New Roof in 2014
- Ability to enact utility bill back system
- Immediate rental upside
- A+ Location in NW Portland
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The Burgess Apartments
Northwest Portland is one of Portland' s most desired neighborhoods. It is very close to downtown, so one can easily take public transportation, ride a bike, or even walk there. The location is also convenient to the nearest highways, making commuting a breeze. Northwest contains a mix of Victorian-era homes and apartment buildings, all with great charm and character. It also offers a large variety of shops, restaurants, bars and cafes along NW 21st and 23rd Avenues.
Sold
The Burgess Apartments
Sold
The Burgess Apartments
Phillip Barry
pbarry@josephbernard.net
Joseph Bernard, LLC
5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax
5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax