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Pheasant Court Apartments

Pheasant Court Apartments

https://www.josephbernard.net/pheasant-court-apartments
Address:
7015 SE Lake Rd, Milwaukie, Oregon 97267
Price:
$3,700,000
Units:
22
Price per unit:
$168,182
Cap Rate:
5.04%
Year Built:
1970

Highlights

  • Desirable unincorporated Clackamas County location
  • Many recent capital improvements
  • Low density site
  • Large shaded courtyard
  • Well maintained units
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Pheasant Court Apartments

Summary

The Pheasant Court Apartments consist of 22 units on Lake Road, in the Milwaukie submarket. The on-site amenities include ample off-street parking, laundry facilities and a shaded courtyard. The property recently underwent major unit renovations and benefited from capital improvements to the buildings and sewer/drainage system. The property features a majority (20 of 22) of large 2 bedroom units and many have upgraded interiors. The owner will benefit from 100% occupancy and an established management team to continue operation of the property.

Highlights

  • Desirable unincorporated Clackamas County location
  • Many recent capital improvements
  • Low density site
  • Large shaded courtyard
  • Well maintained units
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Pheasant Court Apartments

SE Lake Rd/SE Webster Rd

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Pheasant Court Apartments

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Pheasant Court Apartments

Document Title Document Type
Property Flyer Adobe PDF
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Pheasant Court Apartments

Hunter Brookshier
HBrookshier@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