Located in in the popular Woodstock Neighborhood of Southeast Portland,
Woodstock Apartments is a well-maintained, 7-unit apartment community comprised of six (6) one (1) bedroom and one (1) bathroom apartments and one (1) studio apartment. The one (1) bedroom apartments range in size f rom ~550 Square Feet to ~650 Square Feet and the studio apartment is ~500 Square Feet. Property amenities include off-street assigned parking and a coin-less laundry facility. Since acquiring the property the current ownership team have replaced all windows and updated all of the units. Recent updates include but are not limited to the following, Roof (2024), Siding (partial) 2024, Central Water Heater (2023), and Remodeled Kitchens (3 Units). Woodstock Apartments presents investors with an opportunity to acquire an asset in a desirable location, implement operational efficiencies and to capitalize on the below market rents, $296 and $180 for one (1) bedroom and Studio (0) units respectively.*
*Market Rents based on 12-month average rents for 1BR/1BA and 0BR/1BA apartments within 1.5-mile
radius of subject proper