17920 SW Alexander St - Apartments FOR SALE


Beaverton, OR 97006- Cooper Mountain-Aloha North
$2,000,000 USD
503-241-5541
17920 SW Alexander St, Beaverton, OR for Sale
$2,000,000 USD
Apartments - FOR SALE
1/15
null | 7.19% Cap Rate

17920 SW Alexander St
Beaverton, OR 97006
Cooper Mountain-Aloha North


OVERVIEW

Alexander Court Apartments offers investors a true value-add opportunity to acquire a well-performing 12-unit multifamily property in the heart of Beaverton one of the Portland metro area’s most stable and desirable submarkets. Built in 1968, the property features mostly original interiors with selective updates over the years. Recent capital improvements include a roof replacement in 2014 and new windows and patio doors installed in 2007. Each of the twelve units is a spacious two-story townhouse-style layout with 2 bedrooms and 1.5 baths, featuring fully equipped kitchens with dishwashers. The property provides off-street parking, including covered spaces, and benefits from a quiet residential setting that enhances tenant appeal. A Walk Score of 83 and a Bike Score of 87 highlight excellent access to nearby amenities, shops, and transit options. Positioned just off Tualatin Valley Highway, Alexander Court offers convenient access to Oregon’s “Silicon Forest,” home to major employers such as Intel, Nike, and Tektronix. Its central location attracts steady renter demand from high-income professionals and provides residents easy access to key employment centers and retail destinations like The Streets of Tanasbourne and Cedar Hills Crossing further reinforcing the property’s strong long-term rental performance.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$138 USD /SF

# OF UNITS

12

PRICE/UNIT

$166,667

CAP RATE

7.19%

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Alexander Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

CBD, Aloha

APN/PARCEL ID

R0047719

ASK ABOUT THIS PROPERTY

Jack StephensHFO Investment Real EstateMore Info
503-241-5541

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Jack StephensHFO Investment Real EstateMore Info
503-241-5541

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