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Yorktown Gardens

Yorktown Gardens

https://www.josephbernard.net/yorktown
Address:
340 NE Cleveland Avenue, Gresham, Oregon 97030
Price:
$1,700,000
Units:
30
Price per unit:
$56,667
Cap Rate:
7.53%
Year Built:
1969

Highlights

  • Washer/dryer hookups in all units, as well as coin-op machines.
  • Playground
  • Laundry Facilities
  • Large lot with potential to add community room in existing building.
  • Play structure in large backyard.
  • Large, clean units with stable long-term tenants.
  • Many kitchens updated with quality cabinetry, countertops, and appliances.
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Yorktown Gardens

Summary

Yorktown Gardens is a thirty unit apartment complex located in Gresham, Oregon on NE Cleveland Avenue, just north of E Powell Boulevard.  A few blocks down on NE 6th Street is a MAX Light rail stop, giving tenants easy access to the city's extensive public transportation system. 

This apartment community features large, clean units with stable long-term tenants.  With a 78,408 square foot lot, there is potential to add a community room in an existing building.  Many kitchens have been updated with quality cabinetry, countertops, and appliances.  There are washer / dryer hookups in each unit, as well as coin-op machines, a play structure, and a large parking lot for covered off-street parking.

Nearby businesses and employers include numerous local shops, restaurants, cafes, bars, and large retailers such as Walgreens and Radio Shack.

Highlights

  • Washer/dryer hookups in all units, as well as coin-op machines.
  • Playground
  • Laundry Facilities
  • Large lot with potential to add community room in existing building.
  • Play structure in large backyard.
  • Large, clean units with stable long-term tenants.
  • Many kitchens updated with quality cabinetry, countertops, and appliances.
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Yorktown Gardens

Gresham is located in Multnomah County, immediately East of Portland, Oregon. It is the fourth largest city in Oregon, and is roughly 22 square miles large. Over the last twenty years, Gresham has experienced rapid growth from a rural, farming community to a quickly growing urban area. Residents of Gresham enjoy abundant opportunities for community involvement, culturally diverse community events and readily available urban amenities and recreational opportunities.

Gresham is also the seventh Green Power community in Oregon to receive the EPA Green Power Communities designation and the 14th community to be recognized in the nation, Gresham is home to the world-renowned Mt Hood Jazz Festival, as well as Mt Hood Community College, several golf courses, country clubs, and city parks.

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Yorktown Gardens

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Yorktown Gardens

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Yorktown Gardens

Document Title Document Type
Property Flyer Adobe PDF
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Yorktown Gardens

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