The Village at Pine Street

Address: 17512 SE Pine St, Portland, OR 97233, USA

Address: 17524 SE Pine St, Portland, OR 97233, USA

Apartments

Created date: September 8, 2023

Date last updated: September 8, 2023

Spacious units with attached garages
Close to MAX Blue line
LG washers and dryers in each unit
Low vacancy
Increasing rents
Low property taxes

Portfolio Description

The Village at Pine Street is a 12-unit apartment community in Gresham, Oregon. Three of the property's units were built in 1996, and the remaining nine were built in 2011. The property features spacious three-bedroom apartments with either one-and-a-half or two-and-a-half baths. Each unit is two stories with a ground-level garage. The units are spread across three buildings with a central driveway.

The property is in a residential setting between Burnside Street and Stark Street, two of Gresham's main thoroughfares, providing easy access around the metro area. Residents can also utilize the MAX Blue line just a few blocks from the property for convenient travel throughout the region.

Available

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Broker Details

Julie Eng Julie Eng

503-241-5541

Portfolio Key Information

Listing Status:	Available
Multifamily type:	Apartments
Price:	$ 3,250,000
No. of Units:	12
Cap Rate:	5.42%
Year Built:	1996
Opportunity Zone:	No
Price per unit:	$270,833