Oxbow 49
4949 SW Landing Dr, Portland, OR, 97239-5911, US
166 units
2121 Belmont (the “Property”) is a 123-unit, Type-1, condominium-designed mid-rise located in the Buckman neighborhood of Portland’s rapidly developing Central Eastside. Originally designed as condominiums, the Property benefits from rare features in the submarket and greater metro, including above average unit sizes, patios and balconies in each unit, and a 1:1 parking ratio. Residents are drawn to the spacious unit layouts, combined with the luxury unit interiors featuring floor to ceiling windows, real hardwood floors, gas range cooktops, and central AC. Located on the well-known Belmont Street, this urban neighborhood is proximate to downtown and is walking distance to an array of excellent dining, variety of grocers, active nightlife scene, and expansive parks. The combination of recreational amenities and proximity 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 2121 Belmont presents a rare opportunity to acquire a condo quality community in a highly sought after urban location, at a significant discount to current reproduction cost.