The Marilyn

JLL Capital Markets is pleased to present The Marilyn (the “Property”) a 59-unit community located on Southeast Hawthorne Boulevard, one of Portland’s most vibrant retail corridors with 1.2M square feet of retail. Built in 2018, the Property boasts modern unit finishes with air conditioning, in-unit washer & dryers, and an expansive amenity package including a pet wash station, secured access garage, and top floor indoor-outdoor community lounge with unobstructed sweeping views of Downtown Portland.

Situated along the prominent Hawthorne Boulevard, this urban neighborhood is proximate to Downtown Portland and walking distance to a diverse array of premier dining options, variety of grocers, flourishing nightlife scene, and popular parks. The combination of abundant recreational amenities and connectivity to Portland’s most dense employment districts have made the area a magnet for a highly paid and well-educated professional demographic that seek a live-work-play lifestyle.

The offering of The Marilyn presents the opportunity to acquire a newly-constructed asset in a desirable urban enclave at a significant discount to reproduction cost. Additionally, The Marilyn is favorably positioned to benefit from improving multi-housing supply and demand fundamentals, as the construction of new multi-housing supply has come to a complete halt.