971-341-5218
2261 NE 181st Ave, Portland, OR for Sale
Specialty - FOR SALE
1/9
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2261 NE 181st Ave
Portland, OR 97230
Wilkes East


OVERVIEW

Rockwood Tower is a 33,967 SF, four-story, 75-room facility uniquely positioned for non-profit and human services organizations. Built in 1997 and converted to emergency shelter under Oregon’s Project Turnkey program in 2021, the property features program improvements in place. Located on NE 181st Ave in Gresham at the I-84 interchange (Exit 13) with 39,000 daily vehicles, it offers immediate I-84 access, proximity to Portland International Airport (16 minutes), and nearby MAX transit. Offered AS-IS through court-appointed receivership at $1,900,000—$25,000 per room, far below replacement cost. A housing-use restriction requires continued shelter or housing operations. A cost-effective opportunity combining significant savings, existing infrastructure, and proven program framework for organizations seeking to expand shelter or supportive housing capacity.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rockwood CDC

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

MC

APN/PARCEL ID

R239342

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Teresa PetersonNAI ElliottMore Info
971-341-5218

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Teresa PetersonNAI ElliottMore Info
971-341-5218

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