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Parker Beaverton

17135 SW Heritage Court, Beaverton, Oregon 97006

$12,500,000

Status:
Available
County:
Washington
Units:
48
Year Built:
1969
Unit Price:
$260,417
Land Size:
2.71
Building Size:
46,800 sq. ft.
Price per SF:
$267
CAP Rate:
5.6%
Unit Mix:

Forty-eight (48) units consisting of thirty-six (36) two-bed one-baths and twelve (12) 3-bed 2-bath apartments.

Floors:
3
WD in unit:
75% of units
Rental Office:
Yes
On Site Manager:
Yes
Garages:
For rent
Roof Type:
Composite
Heat Type:
Electric
Patio Deck:
Yes
Property Photo

Parker Beaverton had extensive envelope work throughout 2016-17, and updates have continued at the property. Three-fourths of the apartments have been renovated, leaving significant value-add opportunities. Units renovated received significant upgrades, including flooring, lighting, hardware, doors, kitchen counters, appliances, and the installation of a washer/dryer. In addition, property upgrades include replacing the main sewer line, refreshed landscaping, a renovated leasing office, updated signage, new parking lot striping, and complete exterior paint. Its excellent location and low density make Parker Beaverton an attractive home for residents employed throughout the Westside and the greater metro area and a perfect investment opportunity.

48
Units
1969
Year Built
46,800
SQ. FT.

Property Location