Connery Place includes 72 units built on 1.79 acres in 1977 in Portland’s Montavilla neighborhood, an area known for its family-friendly shops, popular restaurants and cafes, and historic movie theater. The property is near retail, parks, and community services, and rents are below market rates, presenting immediate investment upside.
The community contains 19 one-bedroom and 53 two-bedroom units. Select units have been renovated on turnover with resurfaced counters, new cabinets, vinyl plank flooring, stainless appliances, and stainless fixtures. Community amenities include a pool with an adjacent community lounge area, bike storage, onsite laundry facilities, and a secured, off-street parking lot with 72 open spaces.
The units are separately metered for electricity and natural gas, and the tenants pay for these utilities directly.