15994 E Burnside St
Portland, OR 97233
Firwood Station · Multifamily Property For Sale · 48 Units

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.