Fircrest Apartments

19511 NE Halsey Street, Gresham, Oregon 97230

$3,050,000

Status:
In Contract
County:
Multnomah
Units:
27
Year Built:
1970
Unit Price:
$112,963
Land Size:
1.36 Acres
Building Size:
24,826 sq. ft.
Price per SF:
$123
CAP Rate:
6.85%
Unit Mix:

Twenty-seven (27) apartments consisting of twenty-six (26) 2-bed 1-bath and one (1) 3-bed 1-bath units

Floors:
2
Open Parking:
Yes
Laundry Room:
Yes
Roof Type:
Composite
Playground:
Yes
Patio Deck:
Yes
Property Photo

Fircrest Apartments is a 27-unit garden court community in Gresham, Oregon. The property was completed in 1970 and offers generously sized two- and three-bedroom floor plans. The asset is convenient to major transportation corridors as well as manufacturing and technology employers. Since 2012, more than $320,000 has been spent on the interior and exterior updates. Updated apartments are earning higher monthly rents. 

27
Units
1970
Year Built
24,826
SQ. FT.

Property Location