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Springtree Park

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Address: 1020 NE 183rd Ave, Portland, OR 97230, USA

Seattle & Northwest + Apartment Buildings

Created date: July 18, 2024

Date last updated: October 11, 2024

Property Description

Introducing Springtree Park Apartments, a 28-unit apartment community in Gresham, OR. The property offers spacious two-bedroom units with two-and-a-half baths, featuring attached garages with direct access to the units. Springtree’s desirable apartment amenities include fully equipped kitchens with dishwashers and garbage disposals, breakfast nooks, utility rooms with washer and dryer hookups, large closets, wood-burning fireplaces, and backyard patio areas. Springtree Park is well-located in north Gresham, just minutes from a major manufacturing and distribution hub that is home to several major metro employers including Boeing, Albertsons Distribution, Amazon, Subaru, and more. Residents also have incredible access to major retailers, schools, and parks. The property is less than a mile from I-84, a major highway connecting residents to I-205 and other major roadways, ensuring easy connectivity to the greater Portland metro area.

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Key Property Information

Listing Status:	Available
Listing Type:	Highest & best offer
Property Types:	Apartment Buildings
Price:	$5,675,000
No. of Units:	28
Cap Rate:	5.47%
Year Built:	1995
Building Size:	30,520 Sq ft
Opportunity Zone:	No
Price per unit:	$202,679