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Stark Street Apartments

Stark Street Apartments

https://www.josephbernard.net/stark
Address:
13327 SE Stark Street, Portland, Oregon 97233
Price:
$499,000
Units:
11
Price per unit:
$45,364
Cap Rate:
8.24%
Year Built:
1932

Highlights

  • Located on TriMet Bus Line
  • Easy Freeway Access
  • Off-Street Parking
  • Includes 4 Bedroom Home
  • Duplex Style Units
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Stark Street Apartments

Summary

The Stark Street Apartments are an eleven unit community consisting of five private duplex-style buildings plus a four-bedroom single family home on one tax lot. They are located on the TriMet bus line on SE Stark Street with close proximity to freeways, shopping, and the bustling Mall 205.

Highlights

  • Located on TriMet Bus Line
  • Easy Freeway Access
  • Off-Street Parking
  • Includes 4 Bedroom Home
  • Duplex Style Units
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Stark Street Apartments

The Stark Street Apartments are located in the Hazelwood neighborhood of East Portland, Oregon. Hazelwood offers quiet, tree lined residential streets in the midst of several busy Portland roads such as Burnside Street and 122nd Ave.  The TriMet MAX line runs through the area (Gresham-Portland line, and to the airport), making this a fairly easy commute for those residents riding the train.  

Hazelwood does have a mix of residential and commercial areas.  The largest area employer is the Adventist Hospital, and there are a lot of other medical related businesses in the area (mostly closer to 102nd Ave).   You'll find Mall 205 and the Gateway Shopping Center, many retail shops, and some automobile-related businesses such as car dealerships, which are primarily located along 122nd Ave. (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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Stark Street Apartments

13327 SE Stark Street
13327 SE Stark Street, Portland, Oregon, 97233
josephbernard
Price: $540,000 Units: 11 Price per Unit: $49,091 Cap Rate: 8.24%
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Stark Street Apartments

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Stark Street Apartments

Document Title Document Type
Property Flyer Adobe PDF
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Stark Street Apartments

Bernard Gehret
bgehret@josephbernard.net
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