Multi-family Sold! Eastgate Apartments
Property and Location Overview:
The Eastgate Apartments are located just east of I-205 in the Hazelwood neighborhood of Portland, Oregon. Eastgate Apartments offers a great entry point to commercial and apartment ownership! This complex features simple floor plans with easy access to freeways, shopping, restaurants, and public transportation. Hazelwood offers quiet, tree-lined residential streets in the midst of several busy Portland roads such as Burnside Street and 122nd Avenue. The TriMet MAX line runs through the area (Gresham-Portland line, and to the airport), making this a fairly easy commute for those residents riding the train.
Hazelwood does have a mix of residential and commercial areas. The largest area employer is the Adventist Hospital, and there are a lot of other medical related businesses in the area (mostly closer to 102nd Avenue). You’ll find Mall 205 and the Gateway Shopping Center, many retail shops, and some automobile-related businesses such as car dealerships, which are primarily located along 122nd Avenue.
Sale highlights included:
- One Story Complex consisting of:
- (1) Studio
- (10) One Bedroom
- (4) Two Bedrooms
- 5.4% Cap on Actuals
- Each Unit has front and back entry with adjacent greenspaces
- On-site parking and ample street parking
- freshly painted with new landscaping