Summary

The Dolph Court Apartments & Offices present a rare opportunity to acquire a mixed-use property in a centrally located and stabilized SW Portland neighborhood. The property is well positioned to attract both urban and suburban tenants, with easy access into downtown Portland via Barbur Blvd. The property is located near many amenities along SW Barbur, as well as 0.5 miles from the popular Multnomah Village. The property features 1 bedroom and 2 bedroom apartments, along with a separate building comprised of 4 commercial office spaces. The property is professionally managed with strong operations in place, but provides a new owner the opportunity to continue to upgrade and raise rents at turnovers. Stable asset that will continue to cater to a strong demand of renters in the SW Portland apartment market. Strong rent collections for April and May 2020.