11349 SW Greenburg Rd - Apartments FOR SALE


Portland, OR 97223
$4,200,000 USD
503-241-5541
11349 SW Greenburg Rd, Portland, OR for Sale
$4,200,000 USD
Apartments - FOR SALE
1/12
null | 6.18% Cap Rate

11349 SW Greenburg Rd
Portland, OR 97223


OVERVIEW

Introducing Quail Court Apartments, a 25-unit garden-style multifamily community well-located in Portland’s Tigard submarket. The property offers spacious, two-bedroom floor plans with select units refurbished with modern finishes. Quail Court offers desirable amenities including fully equipped kitchens with dishwashers, granite countertops, stainless steel sinks, and oak cabinets as well as a designated dining area, ceiling fans, hardwood-style flooring, and in-unit air conditioning and laundry. The property also offers balconies or patios with ample outdoor space and off-street parking. Quail Court provides operating stability as well as potential for future growth through further interior improvements. The property is conveniently located near Washington Square Mall and Highway 217, providing easy access to retail, job areas, and public transportation. The adjacent Tigard submarket has sustained rental growth, thanks to a robust local economy and limited new multifamily supply. The property’s location, unit mix, and neighborhood setting make it an excellent choice for tenants looking for suburban convenience without compromising access to jobs and attractions in the surrounding Portland Metro.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$60 USD /SF

# OF UNITS

25

PRICE/UNIT

$168,000

CAP RATE

6.18%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quail Court Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.15 AC

LAND SF

93,654 SF

ZONING

R-12

APN/PARCEL ID

R0274125

ASK ABOUT THIS PROPERTY

Gregory FrickHFO Investment Real EstateMore Info
503-241-5541

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Gregory FrickHFO Investment Real EstateMore Info
503-241-5541

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.