Caractéristiques de l'actif

Nombre d'unités

Année de construction

2016

Nombre d'étages

Surface de l'actif Net

4 438 m²

Places de parking

Taille du terrain

0,66 hectare

Description

JLL Capital Markets is pleased to present Bridgeton (the “Property” or the “Community”), a 61-unit community located in the Bridgeton neighborhood of North Portland. The Property is within a short distance to several of the city’s most prominent retail corridors, the rapidly expanding Vancouver Waterfront, and the recently completed $2 billion renovation at the Portland International Airport.

The Property is positioned minutes from Interstate 5, which provides access to the region’s largest economic drivers located in both Portland and Vancouver. Additionally, a Park & Ride MAX light rail station is located 5 minutes away from the Community, which provides unparalleled public transportation connectivity to the Portland MSA.

Bridgeton presents a compelling opportunity to acquire a high-quality, modern construction asset at an attractive discount to reproduction cost.

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Points clés d'investissement

Proximity to Vancouver Waterfront and sought-after recreational amenities
Exceptional transit connectivity through nearby major thoroughfares
Low supply submarket fueling future rent growth – 0 units under construction in Urban Portland
Portland and Vancouver’s largest employers and sought-after retail accessible within 15 minutes or less
Opportunity to acquire a high-quality asset below current replacement cost
Appealing alternative to purchasing a home