Alexander Apartments 17920 SW Alexander St 12 Unit Apartment Building $2,000,000 ($166,667/Unit) 7.19% Cap Rate Beaverton, OR 97006

Alexander Court Apartments offers investors a true value-add opportunity to
acquire a well-performing 12-unit multifamily property in the heart of Beaverton
one of the Portland metro area’s most stable and desirable submarkets.
Built in 1968, the property features mostly original interiors with selective
updates over the years. Recent capital improvements include a roof
replacement in 2014 and new windows and patio doors installed in 2007.
Each of the twelve units is a spacious two-story townhouse-style layout with 2
bedrooms and 1.5 baths, featuring fully equipped kitchens with dishwashers.
The property provides off-street parking, including covered spaces, and
benefits from a quiet residential setting that enhances tenant appeal. A Walk
Score of 83 and a Bike Score of 87 highlight excellent access to nearby
amenities, shops, and transit options.
Positioned just off Tualatin Valley Highway, Alexander Court offers convenient
access to Oregon’s “Silicon Forest,” home to major employers such as
Intel, Nike, and Tektronix. Its central location attracts steady renter demand
from high-income professionals and provides residents easy access to key
employment centers and retail destinations like The Streets of Tanasbourne
and Cedar Hills Crossing further reinforcing the property’s strong long-term
rental performance.