Tupelo Alley

JLL Capital Markets is pleased to present Tupelo Alley (the “Property”), a 188-unit community offering a rare urban value-add opportunity in Portland’s highly sought-after Boise neighborhood. Situated directly on the bustling Mississippi Avenue retail corridor, the Property provides residents with walkable access to over 50 of the city’s most popular restaurants, bars, shops, and a premium grocer. The community’s institutional-quality characteristics including spacious floor plans, ample parking, and desirable amenities are primed for a continuation of the proven value-add opportunity, delivering a product superior to competing new construction.

The offering of Tupelo Alley represents a unique opportunity to acquire a premier asset at a significant discount to today’s replacement cost. In a market where new construction has completely halted and barriers to entry are high, the Property is perfectly positioned to capitalize on improving multi-housing fundamentals and the neighborhood’s affluent demographic to drive future rent growth.