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Conestoga Park I Apartments 10200 SW Conestoga Dr 94 Unit Apartment Building For Sale Beaverton, OR 97008
Executive Summary
This 94-unit multifamily community offers a stable and efficient operating profile, supporting consistent cash flow and long-term income growth. The property presents a compelling value-add opportunity, with the ability to implement targeted interior upgrades and operational improvements to drive rent growth and increase NOI. Significant exterior capital improvements, including roof and building envelope updates, have already been completed, reducing near-term capital needs and mitigating ownership risk. With major systems addressed, future investment can be strategically focused on revenue-enhancing initiatives rather than deferred maintenance. Ideally located in Beaverton near premier retail and lifestyle destinations such as Washington Square and Progress Ridge, the asset benefits from strong renter appeal and convenient access to key employment corridors, transit options, and highly regarded schools—supporting durable and consistent rental demand.
Property Facts
| Sale Type | Investment | Lot Size | 5.55 AC |
| No. Units | 94 | Building Size | 85,213 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1978 |
| Building Class | B | Parking Ratio | 2.7/1,000 SF |
| Sale Type | Investment |
| No. Units | 94 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 5.55 AC |
| Building Size | 85,213 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 2.7/1,000 SF |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Fireplace
- Storage Space
- Washer/Dryer
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Carpet
- Pantry
- Window Coverings
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 33 | - | 728 |
| 2+1 | 52 | - | 973 |
| 3+1 | 1 | - | 1,177 |
| 3+2 | 8 | - | 1,177 |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | R0264902 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $6,233,840 |
Property Taxes
Parcel Number
R0264902
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$6,233,840
Contacts
-
Greg Frick -
Cody Hagerman -
Rob Marton -
Tyler Johnson -
HFO Investment Real Estate
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