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Washington Square Apartments
Washington Square Apartments
https://www.josephbernard.net/washington-square-apartments- Address:
- 9550 SW Washington Dr, Portland, Oregon 97223
- Price:
- $4,450,000
- Units:
- 28
- Price per unit:
- $158,929
- Cap Rate:
- 5.27%
- Year Built:
- 1968
Highlights
- Attractive unit mix of all 2 bedroom units
- Low density, courtyard setting
- Central location in Washington County, near many amenities
- Stabilized community with value-add opportunity through additional renovations
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Washington Square Apartments
Summary
The Washington Square Apartments represent a strong value-add opportunity in a well-established Washington County location. The community is comprised of all 2 bedroom units with historically low vacancy. Various upgrades have been made at the property through the years, resulting in a long-term established tenant base. Additional upside can be captured through continued renovations. Unique low-density setting nearby to many amenities.
Highlights
- Attractive unit mix of all 2 bedroom units
- Low density, courtyard setting
- Central location in Washington County, near many amenities
- Stabilized community with value-add opportunity through additional renovations
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Washington Square Apartments
SW Washington Dr/SW Hall Blvd
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Washington Square Apartments
Phillip Barry
pbarry@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