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Kimberly Dawn Apartments

Kimberly Dawn Apartments

https://www.josephbernard.net/kimberly-dawn-apartments
Address:
15007-15043 SE Powell Blvd, Portland, Oregon 97236
Price:
$2,761,000
Units:
19
Price per unit:
$145,316
Cap Rate:
5.68%
Year Built:
1972

Highlights

  • Secure & low-density setting
  • Mix of 2-bedroom units
  • Many capital improvements in recent years
  • Low-vacancy submarket of SE Portland
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Kimberly Dawn Apartments

Summary

The Kimberly Dawn Apartments is a 19-unit community located in the low-vacancy submarket of Southeast Portland. Many capital improvements have been completed in recent years, with attention to detail. The property is located in a secure and low-density setting, with a mix of 2-bedroom units offering various floor plans, the majority of the units have been upgraded over the past five years. Rare opportunity for a new owner to continue to add value through improved operations and to capture the additional rental upside in a growing market.

Highlights

  • Secure & low-density setting
  • Mix of 2-bedroom units
  • Many capital improvements in recent years
  • Low-vacancy submarket of SE Portland
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Kimberly Dawn Apartments

SE Powell Boulevard/SE 150th Avenue

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Kimberly Dawn Apartments

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Kimberly Dawn Apartments

Phillip Barry
pbarry@josephbernard.net
Joseph Bernard, LLC
5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax