Oxbow 49_Property for Sale
Oxbow 49_Property for Sale
4949 SW Landing Dr, Portland, OR, 97239-5911, US

Oxbow 49

Asset description

JLL Capital Markets is pleased to present Oxbow 49 (the “Property”), a 166-unit community located in John’s Landing, walking distance from both the Portland Streetcar and MAX light rail in Portland’s South Waterfront. The strategic location provides residents with suburban-like riverfront living while granting immediate access to public transportation and major employers in urban Portland, including the city’s largest employer, Oregon Health and Science University (OHSU).


The Property boasts a 9,000 square foot third-floor terrace, rooftop lounge and amenity deck, and generously sized floorplans with large private balconies, granting residents panoramic views of both the Willamette River and Portland’s West Hills. Residents benefit from Oxbow 49’s centralized location in the John’s Landing neighborhood, with access to a plethora of entertainment, dining, and recreation options. With over 1.6 million square feet of retail within a 1.5-mile radius, residents have numerous options of retail and recreational amenities such as the nearby Zupan’s, Elephants Delicatessen, Willamette Park, and the Portland waterfront trail which connects the South Waterfront to Downtown Portland by foot.

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Attributes

Units
166
Year built
2016
Floors
7 floors
Building area net
130,776 sf
Land area net
1.66 acres
Occupancy
92.16%

Media

Investment highlights

  • ​​​​​​​​​​​​Proximate to Oregon Health & Science University
  • Ideal renter demographics
  • Immediacy to public transportation and major thoroughfare
  • Steps away from premier retail and recreational amenities
  • Tangible value-add opportunity
  • Tech package: UBS outlets, smart thermostat, keyless entry
  • Landscape upgrades at main entry and courtyard areas
  • Work-from-home stations in community lounges
  • New furniture in courtyard and community lounges
  • Refreshing lobby with new furniture and art
  • Severe reduction in multi-housing permit activity fueling future rent growth
  • Opportunity to acquire at an appealing discount to reproduction cost
Oxbow 49 4_Property for Sale
Oxbow 49 4_Property for Sale

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Oxbow 49 (0 Properties)

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Last updated
Jul 10, 2024