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The Montavilla
The Montavilla
https://www.josephbernard.net/the-montavilla- Address:
- 608-624 & 714 NE 87th Avenue, 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
| Document Title | Document Type |
|---|---|
| Property Flyer | Adobe PDF |
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The Montavilla
Bernard Gehret
bgehret@josephbernard.net
Joseph Bernard, LLC
5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax
5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax