3525 SW 122Nd Ave Beaverton, OR 97005
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:
Macadamforbes
Listing 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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Sunrise Apartments Beaverton
Apartment Building
Location Insight
- Map
- Local Demand
- City
- Beaverton
- County
- Washington
- State
- Oregon
- Longitude
- -122.8025489
- Latitude
- 45.4943466
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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.