This multifamily portfolio offers investors the opportunity to acquire two well-located, income-producing assets in Portland, Oregon: Paradise Villa Apartments (17 units) and Watergate Apartments (28 units), totaling 45 units across two highly accessible urban submarkets. Both properties benefit from strong renter demand driven by proximity to major employment centers, retail amenities, and established residential neighborhoods. Paradise Villa Apartments, located along SE Cesar Estrada Chavez Blvd, offers excellent visibility and walkability near New Seasons Market, Ladd’s Addition, and the Division/Clinton corridor, with convenient access to downtown Portland and I-5. Watergate Apartments, situated near the South Waterfront district, provides proximity to OHSU, transit lines, and key employment hubs while maintaining a more attainable basis than riverfront properties. Each asset features a mix of studio and one-bedroom units with historically stable occupancy and demonstrated income performance. Recent unit updates across both properties enhance tenant appeal, while remaining value-add potential exists through continued interior renovations, operational efficiencies, and rent optimization. With strong in-place cash flow, strategic locations, and long-term upside tied to Portland’s constrained housing supply and ongoing neighborhood growth, this portfolio presents a compelling acquisition opportunity for investors seeking both scale and appreciation potential in a dynamic urban market. Provide your feedback on BizChat