Investment Real Estate - Portland, Oregon - Property Detail

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Ivy Tree Apartments

https://www.josephbernard.net/ivy_tree

Address:: 2302 SW Dolph Court, Portland, Oregon 97219

Price:: $1,584,000

Units:: 24

Price per unit:: $66,000

Cap Rate:: 6.64%

Year Built:: 1976

Highlights

Easy Access to Public Transportation
On-Site Laundry
Off-Street Parking
Private Patios/Balconies

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Ivy Tree Apartments

Summary

The Ivy Tree Apartments are located in a quiet, park-like setting in the Markham neighborhood of southwest Portland. They feature spacious one and two bedroom units, each with carpeting, ceiling fan, breakfast nook, and private balcony or patio. The community consists of three, two-story buildings and features on-site laundry and off-street parking.

Highlights

Easy Access to Public Transportation
On-Site Laundry
Off-Street Parking
Private Patios/Balconies

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Ivy Tree Apartments

The Ivy Tree Apartments are located in the Markham neighborhood of southwest Portland. Markham is known for its suburban feel, being a mostly residential neighborhood with many open spaces and parks for residents to enjoy. This small-town feel, yet close proximity to downtown Portland, makes this community an attractive place for tenants and home owners to live.

Portland is the largest city in Oregon, and the fourth largest city on the west coast. The Portland Metro Area is home to nearly 2 million people, and sits approximately 78 miles from the ocean and 65 miles from the Cascade Mountains.

In 2008 Money Magazine named Portland one of the "Top 10 Places to Live". Portland is also well known for its strong land-use planning and investment into public transportation. Some of the larger Portland employers include Nike, Columbia Sportswear, Tektronix, Precision Castparts Corp, and Mentor Graphics Corp.