The Drake presents the opportunity to acquire a 12-unit multifamily community comprised of two historic apartment buildings in Portland's highly desirable Kings Hill/Goose Hollow neighborhood. Originally constructed in 1904, the property offers approximately 9,823 square feet of rentable area on a 0.23-acre site and features a diverse mix of studio, one-, two-, and three-bedroom apartments. Many residences retain their classic architectural character while offering modern updates, including hardwood flooring, updated kitchens, oversized windows, abundant natural light, and select private decks with downtown Portland views. Dedicated off-street parking is available for select residents. Situated just west of Downtown Portland, The Drake enjoys a Walk Score of 95 ("Walker's Paradise") with immediate access to Washington Park, Providence Park, the MAX Light Rail, bus lines, neighborhood restaurants, shopping, and major employment centers. The property's premier location and strong in-place performance provide investors with the opportunity to acquire a stabilized vintage asset in one of Portland's most established urban neighborhoods.