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Peterson Court Apartments

Peterson Court Apartments

https://www.josephbernard.net/peterson-court
Address:
2560-2590 SE 167th Avenue, Portland, Oregon 97236
Price:
$850,000
Units:
12
Price per unit:
$70,833
Cap Rate:
6.76%
Year Built:
1974

Highlights

  • Same Owner Since 1974
  • New Windows, Sliders, & Doors
  • Private Backyards
  • Wood Burning Fireplaces
  • Washer / Dryer Hookups
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Peterson Court Apartments

Summary

The Peterson Court Apartments are located just south of Division Street on 167th Avenue in Portland, Oregon. This twelve unit community is comprised of three four-unit buildings divided into three separate tax lots. It features all two bedroom, one bath units with washer/dryer hookups, wood burning fireplaces, and private backyards. Upgrades to the buildings include new windows, new sliders, and new front doors.

Peterson Court has been owned by the same owner since 1973.

Highlights

  • Same Owner Since 1974
  • New Windows, Sliders, & Doors
  • Private Backyards
  • Wood Burning Fireplaces
  • Washer / Dryer Hookups
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Peterson Court Apartments

The Peterson Court Apartments are located in the Centennial neighborhood of Portland, Oregon. Of the 23,662 residents of this neighborhood, approximately 38% are considered 'renters' according to the 2010 Census.

East Portland neighborhoods like Centennial are located within a wealth of shopping, dining, and other amenities.  With both suburban and more urban environments nearby, it is easy to find the right home to fit your lifestyle.  Add to that an easy commute along one of the major streets such as Division, and this is a great Portland neighborhood.  Centennial borders Gresham.  Gresham has a TriMet MAX light rail train line for a commute into Portland. (source: PortlandNeighborhood.com)

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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Peterson Court Apartments

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Peterson Court Apartments

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Peterson Court Apartments

Document Title Document Type
Property Flyer Adobe PDF
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Peterson Court Apartments

Joseph Bernard, LLC
5200 SW Macadam Avenue
Suite 300
Portland, Oregon 97239
503.546.9390 Main
866.546.9390 Toll Free
503.546.9395 Fax