Mountain Crest

1519 SE Roberts Drive, Gresham, Oregon 97080

$3,650,000

Status:
In Contract
County:
Multnomah
Units:
24
Year Built:
1998
Unit Price:
$152,083
Building Size:
19,326 sq. ft.
Price per SF:
$189
CAP Rate:
5.82%
Unit Mix:

Twenty-four (24) units consisting of fifteen (15) 1-bed 1-bath and nine (9) 2-bed 2-bath units.

Floors:
3
Open Parking:
Yes
WD in unit:
Yes
Covered Parking:
Yes
Garages:
Available
Roof Type:
Composite
Heat Type:
Electric
Playground:
Yes
Patio Deck:
Yes
Property Photo

Mountain crest is a 24-unit community in the Gresham Butte neighborhood just east of the city of Portland. The asset offers tenants spacious 1-bedroom, 1-bath, and 2-bedroom 1.5-bath floor plans. The property's favorable unit size and mix, and its location just outside the city limits of Portland make it an excellent opportunity for either a first-time investor looking to get into the multifamily market or an experienced investor looking to expand their portfolio.

24
Units
1998
Year Built
19,326
SQ. FT.

Property Location