Laurelwood is a 30-unit apartment community located in Lake Oswego, Oregon across the street from Lake Grove Elementary School. The property was built in 1970 and features one-, two-, and three-bedroom units, with a majority of two-bedroom apartments. The community is spread over four buildings and features off-street resident parking. Laurelwood is set in a wooded area just off SW Boones Ferry Road, a main thoroughfare in Lake Oswego with access to Interstate 5. Residents can visit Oswego Lake just minutes away, along with plentiful dining and shopping offerings in the area. Some units’ interiors have been updated, but the remaining units present an attractive value-add opportunity.