Birch Pointe

JLL Capital Markets is pleased to present Birch Pointe (the “Property” or “Community”), a 248-unit garden-style community positioned among the Portland MSA’s largest economic drivers, most sought-after retail destinations, and major transportation routes. Located in Beaverton, residents benefit from the top-rated school district, proximity to an industry-leading footwear company world headquarters*, Intel, and a host of rapidly-growing technology companies that are poised for expansion due to local pro-business legislation and the $280B CHIPS Act.

Current ownership has invested extensively in capital projects, upgrading community amenities and select unit interiors. Approximately 26 units (10%) have received a premium renovation package, achieving an average premium of $318 or 19% greater than the respective recently achieved rent on non-renovated units. Birch Pointe presents a rare opportunity to acquire a large-scale asset in the region’s premier suburban submarket, which is ideally positioned to capture rent growth and value-add upside through further interior renovations.

^{*Pseudonym used for JLL client confidentiality}