Fairway Village Apartments
Fairway Village Apartments
https://www.josephbernard.net/fairway-village-apartments- Address:
- 19725 River Rd, Gladstone, Oregon 97027
- Price:
- $14,750,000
- Units:
- 75
- Price per unit:
- $196,667
- Cap Rate:
- N/A
- Year Built:
- 1965
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Fairway Village Apartments
Summary
The Fairway Village Apartments represents a rare opportunity to acquire a 75
unit value add apartment community in the growing suburb of Gladstone,
Oregon. The property features spacious single level apartments comprised of
2br/1ba floor plans (74 out of 75)– and is situated on a tranquil low-density 5+
acre site. The property has been well maintained, with a hands-on pride of
ownership approach throughout the years. The community features
meticulously landscaped grounds, with a thoughtful design that creates a
peaceful and harmonious living environment for the tenants to enjoy.
Fairway Village Apartments
Located just 12 miles south of Portland, Gladstone features a vibrant, and
recreational based community – with a wide range of outdoor amenities for all
ages. Despite it’s close proximity to the urban amenities of Portland, the city of
Gladstone provides a quaint charm and strong community feel. In addition, the
community is well positioned nearby to many retail amenities & has plentiful
transit options for tenants to enjoy. A truly unique housing option for tenants
to benefit from the natural beauty of Oregon, while still being located near the
I205 & 99E (Mcloughlin) – for easy commuting/access to outside amenities and
employment.
The Fairway Village Apartments borders the Jensen Rd. Biking/walking path –
which is a direct path to river access via Meldrum Bar Park & Dahl Beach City
Park. Other nearby amenities include the Gladstone Community Garden, Historic
Downtown Gladstone, access to great city parks and schools, and the benefit of
strong neighboring cities - Oregon City, West Linn and Milwaukie.
Fairway Village Apartments
Phillip Barry
pbarry@josephbernard.net5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax