Powell Heights & Powell Place??Apartments are a 29-unit, fully stabilized multifamily investment??comprised??of two adjacent properties in a highly desirable Southeast Portland neighborhood. The portfolio includes??Powell Heights (21 units)and??Powell Place (8 units), together offering a rare opportunity to??acquire??scale with operational efficiency in a low-density setting.Situated on??nearly one??acre??and sharing a common parking lot, the properties??benefit??from strong tenant appeal, efficient management, and a serene residential environment. The portfolio features a diverse mix of??studio, one-bedroom, and two-bedroom apartments, supporting consistent demand and strong rental performance.Powell Heights,??representing??72% of the units, is??brand-new construction (2025), while??Powell Place, a??1973 vintage asset, has been??fully renovated??and has??demonstrated??a proven??track record??of achieving top-of-market rents. Together, the assets deliver a compelling blend of modern new-construction product and a renovated, lower-density vintage community - the combination of both provides the ability to offer parking, storage, and larger unit sizes -??a truly unique offering for new construction - creating a??best-in-class living experience that is truly unique in the neighborhood.Potential Loan Assumption opportunity.

Source: Regional MLS, MLS#: 759785667