16111 E Burnside St Gresham, OR 97233

This newly constructed, 32-unit, carbon-neutral multifamily community presents a compelling value-add opportunity in a highly desirable, transit-oriented location. The property is fully leased and stands out as a carbon-neutral apartment complex in the Pacific Northwest. Thoughtfully designed for energy efficiency and long-term affordability, the property features solar panels, thermal heating systems, and water-saving appliances. Units range in size from 313 to 511 square feet and include a mix of studio layouts. Each unit is equipped with modern amenities featuring solid wood cabinets, granite counter tops, flush mount sinks, and triple-pane windows. Ground-floor street-facing units also offer private street access and an outdoor patio space. Rents average $1,267 per month with all utilities, including internet, covered in the rent. Located directly adjacent to a MAX Light Rail station, the property offers residents convenient access to major employment centers throughout the region. Amenities include a rainwater harvesting system, solar-paneled roof, community raised-bed gardens, onsite parking, and two ground-floor retail spaces at the building's entrance. Additionally, the building includes a 1,741 square foot daylight basement space that can serve as an office, or counseling or community space. Positioned along Burnside Street, the property provides excellent visibility and accessibility. It is located just steps from the 162nd Avenue MAX Light Rail Station, providing residents with a quick and convenient transit connection to Downtown Portland, Gresham, and the greater metropolitan area. The property enjoys easy access to nearby thoroughfares.