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Gresham Townhomes

Gresham Townhomes

https://www.josephbernard.net/gresham_townhomes
Address:
1203-1221 E Powell Blvd, Gresham, Oregon 97030
Price:
$1,089,000
Units:
22
Price per unit:
$49,500
Cap Rate:
8.39%
Year Built:
1965

Highlights

  • Seller Will Consider Owner Financing
  • One Block from TriMet MAX Light Rail
  • 3 Units Completely Renovated in 2011
  • 16 Apartments + 6 Commercial Spaces
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Gresham Townhomes

Summary

The Gresham Townhouse Apartments are a 16 unit apartment community plus six commercial spaces located in Gresham, Oregon. The property features a unit mix of studio, one, and two bedroom units with off-street parking. Three units have been completely renovated in 2011, with new flooring, cabinets, bathrooms, and kitchens.

Seller will consider owner financing for qualified buyers.

Highlights

  • Seller Will Consider Owner Financing
  • One Block from TriMet MAX Light Rail
  • 3 Units Completely Renovated in 2011
  • 16 Apartments + 6 Commercial Spaces
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Gresham Townhomes

Gresham is located in Multnomah County, immediately East of Portland, Oregon. It is the fourth largest city in Oregon, and is roughly 22 square miles large. Over the last twenty years, Gresham has experienced rapid growth from a rural, farming community to a quickly growing urban area. Residents of Gresham enjoy abundant opportunities for community involvement, culturally diverse community events and readily available urban amenities and recreational opportunities.

Gresham is also the seventh Green Power community in Oregon to receive the EPA Green Power Communities designation and the 14th community to be recognized in the nation, Gresham is home to the world-renowned Mt Hood Jazz Festival, as well as Mt Hood Community College, several golf courses, country clubs, and city parks.

 

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Gresham Townhomes

Sunwood Apartments
755 SE Hogan Road, Gresham , Oregon, 97080
josephbernard
Price: $1,800,000 Units: 25 Price per Unit: $72,000 Cap Rate: 7.32%
Kelly Green
252 NE Kane Drive, Gresham, Oregon, 97030
josephbernard
Price: $1,525,000 Units: 25 Price per Unit: $61,000 Cap Rate: 6.50%
Park Place Apartments
2628 NE Red Sunset Drive, Gresham , Oregon, 97030
josephbernard
Price: $1,275,000 Units: 20 Price per Unit: $63,750 Cap Rate: 7.10%
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Gresham Townhomes

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Gresham Townhomes

Document Title Document Type
Property Flyer Adobe PDF
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Gresham Townhomes

Joseph Bernard, LLC
5200 S Macadam Avenue
Suite 300
Portland, Oregon 97239
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax