15007-15043 SE Powell Blvd
Portland, OR 97236
Kimberley Dawn Apartments · Multifamily Property For Sale · 19 Units

PLEASE SEE ATTACHED MARKETING PACKAGE FOR DETAILED FINANCIAL INFORMATION. The Kimberly Dawn Apartments offers investors excellent cash flow plus value-add opportunities through cosmetic updating producing higher rents as evidenced by the recently renovated unit that rented at $1164, unrented storage units previously used by the owner, use of coin operated washers and dryers, and the implementation of RUBS.   Built in 1972, the Kimberly Dawn Apartments are located on the East side of Portland on Powell Boulevard just minutes from downtown. The property is comprised of 19 apartment homes with a mix of 2 bedroom 1 bath units. The unit mix includes 11 single level homes with 806 square feet of living space and 8 townhome style units with 864 square feet of living space. Every unit features standard kitchen appliances with dishwashers.  Washer & dryer hookups are included in the single level units and a laundry facility is provided to the community as a whole. All units have private back yards and the community has a large central green space. The Kimberly Dawn is a garden style, low rise community with wood-framed construction and pitched-composition shingle roofs. The property is located on a bus line and adjacent to Powell Butte Nature Park. This location provides quick and easy access to schools, parks, shopping, entertainment, the MAX line and Park and Ride, I-205, I-84, Mall 205, downtown Portland, Vancouver, and Gresham.  It is also a short commute to the offerings and amenities of SE Division St and SE Hawthorne Blvd.