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3525 SW 122Nd Ave Beaverton, OR 97005

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For Sale
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Updated apartment complex with below-market rents in a prime location.

Property Features for 3525 SW 122Nd Ave

General Information

Zoning
R-24, Washington County

Building Details

Year built
1961

Source: Joe Kappler Agent Joe Kappler

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Beaverton Apartment Complex with Updates

This garden-style apartment complex features 11 units with two bedrooms and one bathroom, and 11 units with one bedroom and one bathroom. The complex includes six buildings totaling 14,691 square feet, situated on 48,352 square feet of land. The property is zoned R-24 within unincorporated Washington County. The two-bedroom, one-bathroom units measure 750 square feet, while the one-bedroom, one-bathroom units are 525 square feet. Updates to the units, including new flooring, bathrooms, and kitchens, were completed between 2017 and 2018. A new roof was installed on one of the buildings in 2020. The property is located in close proximity to Beaverton's Historic Downtown District, offering a variety of antique and specialty shops, restaurants, and cultural attractions. It also benefits from immediate access to retail and restaurant amenities along Cedar Hills Boulevard, including Oswego Grill, Chick-fil-A, and Shake Shack, all located at the Cedar Hills Crossing shopping center.
Insight Report Location Intelligence

Current Use by Public Records

Sunrise Apartments Beaverton Apartment Building

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Daycare Center Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Beaverton
County
Washington
State
Oregon
Longitude
-122.8025489
Latitude
45.4943466

FAQs

What type of property is this?
Apartment building - Updated apartment complex with below-market rents in a prime location.
Where is this apartment building located?
The property is located at 3525 SW 122Nd Ave Beaverton, OR.
What are key features of this property?
This property features: - Significant upside potential due to below-market rents, with proforma rents underwritten at $1,200 (1 bed/1 bath) and $1,400 (2 bed/1 bath).; - Updated units (2017-2018) feature new flooring, bathrooms, and kitchens.; - Prime location near Beaverton's Historic Downtown District and Cedar Hills Crossing shopping center.
More about this property
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