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Regal Terrace 2008

Regal Terrace 2008

https://www.josephbernard.net/regal_terrace
Address:
2111 NE 15th Avenue, Portland, Oregon 97212
Price:
$1,068,749
Units:
10
Price per unit:
$106,875
Cap Rate:
5.70%
Year Built:
1967

Highlights

  • Off Street Parking
  • 1 and 2 Bedroom Units
  • Laundry Facilities
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Regal Terrace 2008

Summary

A beautiful two story complex 2 blocks from NE Broadway in Irvington. Property features offâ€

Highlights

  • Off Street Parking
  • 1 and 2 Bedroom Units
  • Laundry Facilities
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Regal Terrace 2008

Sullivan's Gulch is a mixed urban and residential area that is located within walking distance to dining, shopping, and other entertainment. This well-established community has a mix of older East Portland homes, usually mid-sized to larger family homes located on streets with mature trees. There are also some lovely vintage apartments, and plexes for rent, as well as some newly developed condominiums for a more urban lifestyle.

According  to the 2000 Census approximately 2,575 people reside in the Glenfair community, with approximately 72% being renters and 28% home owners.  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.

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Regal Terrace 2008

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Regal Terrace 2008

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Regal Terrace 2008

Document Title Document Type
Property Flyer Adobe PDF
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Regal Terrace 2008

Bernard Gehret
bgehret@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