Summary

The Interstate Apartments represent a rare value-add opportunity in the Overlook Neighborhood of N Portland. The community sits nearby to many amenities and provides a tranquil courtyard setting for tenants to enjoy. The property is comprised of 9 units, with a mix of studio & 1 bedroom floor plans, a large basement, and 3 street level garages. The rents in place are currently below market, providing an immediate opportunity for a buyer to capitalize on a more efficient management system post-closing. Located along the MAX line and in the path of continued progress- the Interstate Apartments is poised to benefit from the continued expansion of the North Portland sub-market.