Gresham Park Apartments | 51 Units in Gresham, Oregon | $8,800,000

2199

Property ID

45,840 SqFt

Size

Description

Gresham Park has a strong Portland metro area location. Gresham has been successfully working to establish itself as a major manufacturing and industrial hub. Its large employers include Boeing of Portland, US Bank Processing Services, ON Semiconductor, and distribution facilities for Albertsons, FedEx, Amazon, Subaru, Microchip and many others. Its focus on business development has resulted in near zero new housing development since 1999 and very little supply is projected for the next five years. The cap rate on this property is 5.44%.

Address

Address: 805 Northeast Kane Drive, Gresham, OR, USA
  • Province / State: Oregon
  • City / Town: Gresham
  • Postal code / ZIP: 97030
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  • Property ID 2199
  • Price $8,800,000
  • Property Type Multifamily
  • Property status For Sale
  • Year Built 1991
  • Size 45,840 SqFt
  • Land area 2.11 Acres
  • Sellers Movitvation Reinvest
  • Number of Units 51

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Contact

Greg Frick

Property Seller
(503) 241-5541
service@hfore.com
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