Summary

The SE 92^nd Apartments represent a rare opportunity to acquire a charming single level apartment building in the up and coming Southeast Portland Lents neighborhood. Tenants benefit from a central location near many amenities, with easy access to transit across the street at the Southeast Powell MAX park and ride. The apartments have been well maintained with strong operations currently in place, and room for the rents to grow. Recent improvements include unit turnovers, new roof in 2020, and the utilization of the buildings common areas (storage & laundry) to increase revenue. Great opportunity to acquire a stabilized pride of ownership investment, or utilize this unique asset as an owner occupied investment.