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Tyee Apartments

3745 SW 108th Avenue, Beaverton, Oregon 97005

$7,200,000

Status:
In Contract
County:
Washington
Units:
33
Year Built:
1967
Unit Price:
$218,182
Land Size:
1.38 Acres
Building Size:
25,450 sq. ft.
Price per SF:
$283
CAP Rate:
4.63%
Unit Mix:

Thirty-three (33) apartments consisting of thirteen 1-bed 1-baths, fourteen (14) 2-bedroom 1-bath, and six (6) bungalow-style units.

Floors:
2
Open Parking:
68 spaces
Laundry Room:
Two
Rental Office:
Yes
Siding:
Concrete/Wood
Roof Type:
Pitched Comp
Heat Type:
Electric
Storage:
6 units
Patio Deck:
Yes
Property Photo

Tyee Apartments are a well-located turnkey apartment property. The asset has three buildings and the owner has done extensive work to the property, both inside and out. Twenty-four of the units have been updated to achieve significant rent bumps. The exterior improvements include newer roofs, updated windows, and a recently repaired and sealed parking lot. The asset is attractive to renters because of its south slope location and its roomy two-bedroom size of 850 square feet. Tyee Apartments are within walking distance of Beaverton Towne Center and the Beaverton transit center with connections to MAX and the West rail line. 

33
Units
1967
Year Built
25,450
SQ. FT.

Property Location