Cushman & Wakefield is pleased to present KOZ on Sixteenth, an 80-unit studio community at 1611 NW Marshall Street in Portland’s Slabtown / Northwest submarket. The asset offers a rare opportunity to acquire a stabilized property in one of the region’s most walkable, amenity-rich neighborhoods.
KOZ stands out in the competitive set as a well-located, lower-cost option without sacrificing quality. While nearby studios lease for $1,300–$1,600, KOZ achieves approximately $1,175–$1,200, creating a consistent pricing advantage that supports strong occupancy, retention, and demand.
The mid-rise property is designed for Portland’s urban workforce, with efficient layouts and a full amenity package including controlled access, elevator, bike storage, secured parking, onsite laundry, courtyard space, and internet included in rent.
Currently ~95% occupied (as of March 2026), the asset provides immediate cash flow with additional upside tied to continued rent growth in a supply-constrained submarket. KOZ on Sixteenth offers a combination of stable income, limited new competition, and durable renter demand, appealing to a wide range of investors seeking long-term performance in a core Portland location