Summary

The Tabor Villa Apartments represent a unique opportunity to acquire a turn key stabilized asset in the well performing central Southeast Portland sub market. The property is comprised of 11 units, and is well situated in a quiet residential setting, making for serene living for the residents. Located in the Montavilla neighborhood, near local colleges (Warner Pacific PCC) and just blocks from the popular amenities along the hubs of SE Portland, Hawthorne, Division, etc the property appeals to a broad tenant base. The community features single level, modernized apartments with spacious floor plans, and on site parking. The community underwent a complete transformation in 2022 on both the interior exterior, with each unit featuring new cabinets, flooring, paint, quartz countertops, SS appliances and various touches throughout. The property was leased up at strong rental rates in the Winter of 2022 2023 allowing the opportunity for an investor to step in and reap the benefits of strong cash flow day 1 but also provides additional upside as units re lease during more favorable leasing months (Spring/ A quality investment opportunity, with the upgrades in place to meet the demands of today's renters.