Map pin8338 N Interstate Ave, Portland, OR, 97217-6746, US

Northwood

Northwood_Property for Sale

Attributes

Units
57
Year built
2015
Floors
4
Building area net
4,047 sm
Land area net
0.17 ha

Description

Northwood (the “Property”) presents investors with an opportunity to acquire a transit-oriented property below current replacement costs, located in the heart of the Kenton neighborhood in North Portland. The Property is within walking distance of several of the city’s most prominent retail corridors, catering to the 20-minute lifestyle of young and affluent renters.


The Property is positioned minutes from both Interstate 5 and Interstate 405 which provide access to the region’s largest employers in both Portland and Vancouver. A MAX light rail station across the street from the Property and multiple bus stops within walking distance provide unparalleled access to the entire Portland MSA.


Additionally, Northwood is primed to benefit from improving multi-housing supply and demand fundamentals, as activity returns to Portland and the construction of new multi-housing supply has come to a complete halt.

...

Investment highlights

  1. High-quality asset surrounded by numerous recreational amenities
  2. Transit-oriented location
  3. 10 minutes from Portland & Vancouver’s densest employment districts
  4. Affluent renter demographic supports future rent growth
  5. Discount to reproduction cost
Northwood 4_Property for Sale
Northwood 4_Property for Sale
Northwood (0 Properties)

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Last updated
Jul 16, 2025