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15994 E Burnside St
Portland, OR 97233
Firwood Station · Multifamily Property For Sale
·
48 Units
PROPERTY FACTS
| No. Units | 48 | Building Size | 43,160 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1973 |
| Building Class | C | Parking Ratio | 1.39/1,000 SF |
| Lot Size | 2.09 AC | ||
| Zoning | RH | ||
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.09 AC |
| Building Size | 43,160 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 1.39/1,000 SF |
| Zoning | RH |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Kitchen
- Refrigerator
- Range
- Patio
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Pool
- Online Services
ABOUT 15994 E BURNSIDE ST , PORTLAND, OR 97233
Visit the Morgan Place Apartments property website here to access the Offering Memorandum! http://view.ceros.com/colliers-portland/morganplace/p/1 Morgan Place Apartments is a 48 unit apartment community located in the fast-growing, east Portland neighborhood of Glenfair. Located at the intersection of East Burnside Street and 160th Avenue, Morgan Place Apartments offers the best of location and affordability currently available in the market today. On the border of Gresham and Portland, Morgan Place Apartments is well spread out across 2.09 acres, consisting of forty-eight apartment homes. The unit mix is comprised of 9 one-bedroom/one-bath units averaging 687 sf, 31 two-bedroom/one-bath units averaging 984 sf, and 8 three-bedroom/one-bath units averaging 950 sf. The current owners have invested a significant amount over the previous three years. 26 out of the 48 units have turned over and received a full refresh within the last three years. Built in 1973, all apartment homes come with dishwashers and garbage disposals.In addition, every unit has its own private deck/patio. The setting is ideal for families with ample green space, a large pool and reserved parking. There is direct access to Portland’s world-class light rail system with a stop less than two blocks away.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | $1,026 | 687 |
| 2+1 | 32 | $1,166 | 984 |
| 3+1 | 8 | $1,282 | 950 |
PROPERTY TAXES
| Parcel Number | R217947 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,985,110 |
PROPERTY TAXES
