Burnside Firs
17440 E Burnside
Portland, OR 97233
Highlights
- Located on the Max line
- Meticulous upkeep and a visually appealing aesthetic with many recent improvements
- Diverse Unit Mix of 1 and 2 bedroom flats and townhouse units
- Strong Historical Occupancy
- Value-Add Potential
- Metal frame building
Description
Burnside Firs Apartments offers a great investment opportunity nestled in the Rockwood neighborhood of Portland, Oregon. This exceptional multifamily property offers a unique combination of solid financial performance, and significant growth potential. With its attractive features and strong market demand, Burnside Firs Apartments presents an enticing investment prospect for astute buyers seeking stable cash flow and long-term appreciation. Ownership has invested into the exterior of the building in recent years with new siding, paint, windows, gutters and fencing. A new owner can benefit by continuing interior updates, bringing rents to market, implementing a RUBS program, and renting out storage units to improve the financial return.
Burnside Firs Apartments represents an exceptional investment opportunity in one of Portland's most evolving neighborhoods. Take advantage of recent community developments bringing all residents of different backgrounds together as one. This is teed up as an attractive asset for investors looking to enter or expand their presence in the thriving Portland real estate market.
Rockwood in Gresham, Oregon, is an enticing neighborhood for real estate investment. Its convenient location, diverse community, growing economy, and range of housing options make it attractive. With easy access to downtown Portland and major transportation routes, Rockwood offers suburban tranquility and urban convenience. The neighborhood's strong sense of community, cultural events, and revitalization efforts enhance its appeal. The growing economy and proximity to educational institutions create a steady demand for housing. Rockwood's vibrant culinary scene, recreational opportunities, and ongoing development projects make it an ideal choice for investors looking for both financial returns and community impact.
