JUST LISTED: A 13 UNIT MULTI-HOUSING COMMUNITY IN DOWNTOWN PORTLAND
The Victorian Apartments represents an opportunity for an investor to acquire a well-maintained, historic apartment community located in the heart of downtown Portland, Oregon. This pride-of-ownership asset was built in 1893; its prime location offers the city’s well-known destinations, multiple entertainment venues, retail shops, restaurants, produce markets and the Central Business District, all within walking distance. Situated in a high demand rental submarket, The Victorian Apartments represent a rare opportunity for investors to acquire a complex that serves a large and diverse tenant demographic.
Investment Highlights
• Historic, urban multi-family asset
• Combines historic charm with modern building systems and amenities
• Irreplaceable location in the heart of downtown Portland
• Ideal unit mix for the market
• Walk score of 98, "Walker's Paradise"
• Coveted urban location near the Central Business District and Portland State University
• Well-served by mass transit (light rail, streetcar and bus)