Current Listings:
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Century Apartments |
$2,075,000 |
| 25 unit |
| 3121 SW Iowa St., Portland, OR |
6.0% Cap |
Century is a 25-unit apartment community located in the desirable SW Portland market. The community consists of six two-story wood framed buildings which house 19 two bedroom /bath and a half townhouses and six one bedroom/one bath units. Built in 1968, the property is situated on a 1.44 acre site with mature landscaping throughout. |
Marketing Flyer |
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StoneRidge |
$6,950,000 |
| 144 unit |
| 3864 Sunnyview Road NE, Salem, OR |
7.0% Cap |
StoneRidge is a garden-style apartment community centrally located in northeast Salem, Oregon, just east of Interstate-5. The property was completed in 1984/1989 and consists of 18 one bedroom units and 122 two bedroom / one bathroom units housed within fifteen two-story buildings on approximately 6.3 acres. Nearby landmarks include the Lancaster Mall, Chemeketa Community College and Willamette University.
Can be purchased with Cambridge East. |
Marketing Flyer |
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Cambridge East |
$3,800,000 |
| 86 unit |
| 3712-3756 Sunnyview Road NE, Salem, OR |
7.0% Cap |
Cambridge East is a garden-style apartment community centrally located in Salem, Oregon, just east of Interstate-5. The property was completed in 1978 and consists of 35 one bedroom units, 50 two bedroom / one bathroom units, and one three bedroom / two bath unit housed in eight two-story buildings on approximately 3.31 acres. Nearby landmarks include the Lancaster Mall, Chemeketa Community College and Willamette University.
Can be purchased with Cambridge East. |
Marketing Flyer |
Recent Sales:
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Illahee at Charbonneau |
$11,730,000 |
| 126 unit |
| 8755 SW Illahee Crt., Wilsonville, OR |
6.4% Cap |
The last remaining apartment homes in the prestigious Charbonneau District of Wilsonville. The complex enjoys a lovely lakeside setting with fountains, neighborhood foot and bicycle paths, ponds and streams. There is Willamette River moorage via a short foot path from the property. |
SOLD
Nov. 2011 |
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Parkside Apartments |
$7,500,000 |
| 96 unit |
| 2900 South Main Road, Lebanon, OR |
6.3% Cap |
Parkside Apartments is a 96 unit apartment project located in the heart of Lebanon. The unit mix consists of 22 one bedroom/one bath flats, 58 two bedroom/2 bath flats, and 16 three bedroom/2 bath flats. Units include patio/decks with storage, washer & dryer machines, and some vaulted ceilings. The common areas include a playground and picnic areas. |
SOLD
April 2011 |
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Cedar Hills Townhomes |
$10,000,000 |
| 100 unit |
| 10381 SW Eastridge Street, Portland, OR |
6.2% Cap |
Cedar Hills Townhomes offer classic charm in a close-in Westside location. The park-like setting creates a relaxing environment, yet easy freeway and max line access allows for convenience to the City, as well as nearby shopping and dining. Every One, Two and Three Bedroom apartment is a townhouse, allowing for separation of living and sleeping areas. Each townhouse has a private front and rear door, as well as a basement area. Hardwood floors accentuate main living spaces, while plush carpet provides warmth in bedrooms. |
SOLD
Feb. 2011 |
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Woodland Park |
$4,390,000 |
| 74 unit |
| 1820 NE 104th Ave, Portland, OR |
7.2% Cap |
| Centrally located in the heart of the Gateway neighborhood, Woodland Park is a desirable residential area in the Parkrose School District. Shopping and dining services are nearby. Across the street from Vibra Specialty Hospital of Portland (a skilled nursing facility) and an easy drive to the Portland Airport, this family friendly neighborhood is within easy access to public transportation. The proximity to freeways,transit stations and bike paths makes Woodland Park a great place for neighbors of all ages. |
SOLD
Jan. 2011 |
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Markana Apartments |
$8,100,000 |
| 96 units |
| 8585 SW Canyon Lane, Portland, OR |
6.7% Cap |
The Markana Apartments has a beautiful setting in Portland's West Hills. Many of the units have valley views as well as views of the Oregon Coast Range. Some of the unusual features in a number of the apartment homes include vaulted ceilings, stone fireplaces, sunken living rooms, interesting floor plans and very spacious living areas. The average unit size is over 1,000 square feet. Extensively renovated in 2008-2009 at a cost of over $16,000 per unit, the Markana enjoys a "like new" exterior with new siding, new windows and doors, partially new decks, newer staircases and newer roofing.
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SOLD
Dec. 2010 |
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The Plymouth |
$2,200,000 |
| 30 units |
| 1230 NW 21st Ave, Portland, OR |
5.7% Cap |
Thirty vintage apartments with original charm and detailing
throughout. One bedrooms, studios and double studios (two
living areas plus kitchen and bath). Upper units have views of
Portland's West Hills. Large bay windows, some hardwood
floors, dark natural woodwork in both the common areas and
the apartment interiors, natural wood built-ins and other detailing
make the Plymouth a 1912 classic. |
SOLD
Nov. 2010 |
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Poplar Village |
$9,250,000 |
| 136 units |
| 1471-1479 Poplar Drive, Medford, OR |
7.3% Cap |
The apartments are exceptionally spacious with 125,978 square feet of total residential living area. The 136 unit Property consists of seventeen 8-unit two story buildings containing one hundred and nineteen 2-bedroom 1 ½ bath units with a unit size of 928 square feet, sixteen 2- bedroom 1 bath units with a unit size of 928 square feet, and one 1 bedroom 1 bath unit with a unit size of 698 square feet. |
SOLD
June 2010 |
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Hallwood Apartments |
$5,600,000 |
| 76 units |
| 7475 SW Hall Blvd, Beaverton, OR |
7.2% Cap |
On a beautiful wooded site in a prime area of Beaverton, Hallwood Apartments offers a serene setting with luxury living. |
SOLD
Feb. 2010 |
Selected Previous Transactions |