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