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Knight's Castle

Knight's Castle

https://www.josephbernard.net/knights_castle
Address:
11036 NE Wygant Street, Portland, Oregon 97220
Price:
$880,000
Units:
12
Price per unit:
$73,750
Cap Rate:
7.19%
Year Built:
1968

Highlights

  • Fenced Play Area
  • Laundry Facility with Seller Owned Machines
  • Large 2 & 3 Bedroom Units
  • Strong Rental History
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Knight's Castle

Summary

The Knight's Castle Apartments are located on NE Wygant Street in the Parkrose Heights area of Portland, Oregon.  This property features large two and three bedroom units, a fenced play area, a laundry facility with seller owned machines and has a strong rental history.

Highlights

  • Fenced Play Area
  • Laundry Facility with Seller Owned Machines
  • Large 2 & 3 Bedroom Units
  • Strong Rental History
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Knight's Castle

The Parkrose Heights neighborhood is located in East Portland. It is bordered by the Madison South, Parkrose, Russell, and Hazelwood neighborhoods. Located within an easy drive to the Portland airport, and also near major roads such as I-84 and 102nd.  A mix of residential suburban living, while being close to shopping and other amenities. 

The Portland rental market is ranked #4 in the country in terms of apartment rent growth, according to Axiometrics, Inc., a provider of data and analysis on the multi-family housing sector. 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.  

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Knight's Castle

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Knight's Castle

Document Title Document Type
Property Flyer Adobe PDF
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Knight's Castle

Bernard Gehret
bgehret@josephbernard.net
Michael Candianides
mcandianides@josephbernard.net
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