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$7,500,000
185390634 MLS
Wingsong Apartments offers the opportunity to acquire a high-quality 34-unit apartment community in one of Portland’s most desirable eastside neighborhoods, with attractive in-place financing (sub-3.5%) and clear rent growth potential.Built in 1993, the property consists of 34 large, open-layout units with a highly desirable unit mix. Apartments feature spacious floor plans, and a unit mix weighted toward large two-bedroom two bathroom layouts that support strong tenant demand and long-term retention. Full size in-unit washer dryers, private balconies and patios, and ample greenspace. Garages and off-street parking further, in a neighborhood where parking can be limited, support long-term tenant demand and operational stability.The property has been well maintained and does not require significant near-term capital investment, allowing a new owner to focus on operations. In-place rents trail comparable Mt. Tabor area assets when considering unit sizes, parking, and overall livability, creating a clear opportunity for income growth through a measured rent strategy. For buyers seeking additional upside, modest, high-ROIcosmetic improvements can be implemented over time to further support rent growth and long-term value.The offering is further enhanced by attractive assumable financing with a 3.43% fixed interest rate through 2031. This provides immediate positive leverage and protection against today’s higher interest rate environment, materially improving yield and cash flow. Located near Mt. Tabor Park and close-in East Portland amenities, Wingsong benefits from consistent renter demand and long-term neighborhood appeal. Assets of this quality and scale rarely trade with both operational upside and favorable in-place debt.

723 SE 60TH AVE, Portland

$7,849,900
732050211 MLS
Rare opportunity to acquire a newly constructed 18 unit multifamily development in sought after Rose City Park, offering a diversified unit mix, immediate lease up potential, and projected 5.65% cap rate at stabilization. All homes are complete, vacant, and ready for investor controlled tenant placement. The portfolio combines an eight home detached cottage cluster with ten attached townhouse style residences, balancing density, privacy, and durability. Crafted by a local boutique builder known for refined interior detailing, signature illuminated crown molding, architectural built ins, and designer accent walls, the development stands apart from typical rental construction. The tenant focused mix includes two and three bedroom residences with 2.5 bathrooms, efficient layouts, and clear separation between main living areas and upstairs sleeping spaces. Two cottages also provide a main floor fourth bedroom or office, expanding flexibility for different renter needs. Each bedroom features crown molding with integrated lighting, while built ins throughout the main living levels add storage, architectural interest, and lasting function. Detached cottages may command a rental premium through increased separation and enhanced landscaping, while attached residences offer private entries, fenced outdoor spaces, and end unit configurations that support tenant retention. High performance windows and efficient heat pump heating and cooling contribute to year round comfort while helping control operating costs. The Rose City Park location offers access to Rose City Park, Normandale Park, Rose City Golf Course, the Hollywood District, Beaumont Village, NE Sandy dining and coffee, grocery options, transit, and I-84 connections. With its combination of detached cottage premiums, polished interiors, private outdoor spaces, efficient systems, and established close in location, this portfolio is positioned to outperform typical attached townhome rentals.

2833 NE 62nd AVE, Portland

$7,950,000
432558020 MLS
Located in the vibrant and highly sought-after NW Portland corridor, this expansive 10,000 square foot flex building presents a unique and compelling opportunity for investors, owner-users, and developers alike. Formerly the longtime home of Collision Rebuilders, the property has been extensively and thoughtfully upgraded over the years, offering a blend of industrial functionality and modern improvements that make it move-in ready for a wide range of uses. With five separate addresses and the ability to partition the interior to support up to five independent tenants, the building is ideally suited for multi-tenant occupancy, providing immediate income potential or operational flexibility for a growing business. The property is zoned CM2, one of Portland’s most versatile mixed-use commercial designations, allowing for a broad spectrum of uses including light industrial, office, retail, and redevelopment. Situated in an area with strong foot traffic, excellent transit access, and proximity to popular NW amenities, this site is strategically positioned to benefit from ongoing growth and development in the area. Whether you’re looking to invest in a stable, income-producing asset, establish a flagship location in one of Portland’s most dynamic districts, or pursue a creative redevelopment project, this property offers the space, flexibility, and location to ensure future success.

1100 NW 21ST AVE, Portland

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