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The Montavilla

The Montavilla

https://www.josephbernard.net/the-montavilla
Address:
608-624 & 714 NE 87th Ave, Portland, Oregon 97220
Price:
$14,500,000
Units:
75
Price per unit:
$193,333
Cap Rate:
5.42%
Year Built:
2003/1995

Highlights

  • Repositioned asset with many exterior upgrades
  • Strong, in place management
  • Most units recently turned
  • Upgrades include: new columns, new siding on portions of buildings, new paint, striped and sealed parking lot, new garbage enclosures, remodeled office and laundry rooms
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The Montavilla

Summary

The Montavilla Apartments features 75 units with a mix of one and two-bedroom flats, and two and three-bedroom townhomes. The property is a repositioned asset that includes many upgrades including exterior and interior updates and new management.

Highlights

  • Repositioned asset with many exterior upgrades
  • Strong, in place management
  • Most units recently turned
  • Upgrades include: new columns, new siding on portions of buildings, new paint, striped and sealed parking lot, new garbage enclosures, remodeled office and laundry rooms
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The Montavilla

NE 87th Ave/NE Glisan St

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The Montavilla

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The Montavilla

Document Title Document Type
Property Flyer Adobe PDF
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The Montavilla

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