The Imperial Arms is a 54-unit classic Bricker located in the Goose Hollow neighborhood of SW Portland. This grand historical property is an iconic fixture of the Portland skyline with dramatic views of both the West Hills and Downtown Portland. A well-kept trophy asset, with sophisticated old-world charm. The stunning exterior features a beautiful court-yard entrance, and period finishes that are true to the era. A once in a lifetime opportunity to acquire this legacy asset that will continue to be a staple of the Urban Portland apartment market as the market improves. The Imperial Arms offers a unique and timeless housing option in the market, with a strong unit mix and large average unit size compared to its vintage counterparts - providing an investor with stability of operations. The offering is comprised of 54 units in total, ranging in size from 325 to 860 sq. ft. The unit mix provides a stable investment and variety of floor-plan options – encouraging long-term residency and functionality. Units offered at Imperial Arms include (19) studios, (22) 1BR, and (13) 2BR floorplans – with varying degrees of sizes (each unit type offers a standard and large floor-plan option to meet residents needs). All units have hardwood floors, high ceilings, period finishes true to the era, walk in closets, tiled bathrooms with clawfoot tubs and select units have balconies. The common areas feature one-of-a-kind woodwork throughout and paintings that provide a true historic living experience. On-site amenities include laundry, bike parking, and additional storage – along with an array of common areas for increased security and quality of living. Additional revenue is generated via a cell-tower lease (NNN) and provides an additional $22,454 per year of revenue to the property (with an escalation clause of 4% per year). The property has been owned for multiple generations and has undergone extensive capital improvements in recent years including Extensive Exterior Repair/Paint (2025), New Boiler (2024), Elevator work and new bearings (2024), New Windows & Balcony Doors Throughout (2017), New Roof (2015), New Radiator Valves for all units (2015), and Interior Renovations that have been ongoing throughout the ownership. The Imperial Arms provides a new owner with a rare opportunity to acquire a well-cared for, vintage asset with considerable capex completed. Providing a haven for investors to focus on revenue driving improvements, and improved operations. The current rents in place trail the market by approximately 5% to 10%, and there is additional value-add opportunity through the implementation of a utility bill back system to residents (which is a commonly accepted charge in the marketplace in 2025).