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Carrington Square

Carrington Square

https://www.josephbernard.net/carrington
Address:
637 SE 182nd Avenue, Portland, Oregon 97233
Price:
$3,900,000
Units:
54
Price per unit:
$72,222
Cap Rate:
6.59%
Year Built:
1971

Highlights

  • Potential to enact a utility bill back system
  • Professionally Managed
  • Improved Tenant Profile
  • Stable Occupancy
  • Major Capital Improvements throughout
  • Turn- Key Investment Opportunity
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Carrington Square

Summary

The Carrington Square Apartments are located on SE
181st/182nd Avenues between SE Stark and SE Division Streets
in Rockwood neighborhood of Portland, Oregon. This property
consists of three one-bedroom units, 48 two-bedroom units, and 3
two-bedroom townshouse style units. Making up a total of 44,820
building square feet.

Highlights

  • Potential to enact a utility bill back system
  • Professionally Managed
  • Improved Tenant Profile
  • Stable Occupancy
  • Major Capital Improvements throughout
  • Turn- Key Investment Opportunity
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Carrington Square

Carrington Square Apartments are located in the Rockwood
neighborhood of SE Portland, Oregon in the zip code 97233.
According to the US Census Survey conducted in September,
2012 this located has approximately 34,367 residents of which
about 45% are considered renters. While this area received a
"Walk Score" of 72 / 100, there are many amenities just a short
drive way along Burnside Street.
 
According to the city of Gresham, this neighborhood is a vibrant
and growing neighborhood.. As a resident of the Rockwood
neighborhood, one could enjoy one of the many public parks
including Imagination station which is located on the backside of
Reynolds High School.
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Carrington Square

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Carrington Square

Document Title Document Type
Property Flyer - Carrington Square Adobe PDF
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Carrington Square

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