2167 SW Yamhill returns to market at a materially improved basis. The asset combines historic character with phased mechanical modernization, including unit-level heating systems, electrical upgrades, and recent HVAC improvements completed in 2025. At the revised basis, investors gain: • A stabilized 9-unit asset in Goose Hollow • Large average unit sizes • Below-market rents with organic growth • Infrastructure addressed over time With new supply tapering into 2026–2027 and central Portland land constraints tightening, the reset basis creates a more compelling entry point than previously offered while offering long-term hold durability in one of Portland’s most established neighborhoods.