Timberwood Apartments

4150 SW Hocken Avenue, Beaverton, Oregon 97005

$4,650,000

Status:
Available
County:
Washington
Units:
31
Year Built:
1972
Unit Price:
$150,000
Land Size:
1.63 Acres
Building Size:
33,550 sq. ft.
Price per SF:
$139
CAP Rate:
6.09%
Unit Mix:

Thirty one units consisting of one (1) studio, eight (8) 1-bed 1-bath flats and twenty-two (22) 2-bed 2-bath flats. See offering memorandum for additional details.

Floors:
2
View:
Courtyard
WD in unit:
Yes
On Site Manager:
Yes
Covered Parking:
Yes
Siding:
Wood
Roof Type:
Composite
Heat Type:
Electric
Fireplace:
Woodburning
Pool:
Seasonal
Patio Deck:
Yes
Property Photo

This garden-style community offers generously sized apartments averaging 1,082 square feet. More than 70% of the units are 1,150 square feet two-bed two-bath floor plans with vaulted ceilings and private decks or patios overlooking a landscaped courtyard. The property is located near major retail outlets and is connected to major employment centers in Beaverton, Tigard and Portland. The property has had substantial recent updates including new roofs, replacement of parking areas, seal coats, new decks and landings and upgraded landscaping.

31
Units
1972
Year Built
33,550
SQ. FT.

Property Location