3855 SW Lake Grove Avenue Lake Oswego, OR 97035

Listing agency HFO Investment Real Estate

Listed by Greg Frick · License #OR 930500329

Source Crexi

Added: Apr 11 Updated: Jul 21 at 5:25PM Checked: Jul 21 at 5:25PM

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Investment Insights

Based on property information with market context.

Laurelwood is a 30-unit apartment community consisting of one-, two-, and three-bedroom units, with a majority of two-bedroom apartments. The property was built in 1963 and is spread across four buildings. Off-street resident parking is available. Some unit interiors have been updated, and the remaining units present a value-add opportunity.

The community is located in a wooded area just off SW Boones Ferry Road, a main thoroughfare in Lake Oswego, with access to Interstate 5. Laurelwood is across the street from Lake Grove Elementary School. Oswego Lake is minutes away, along with dining and shopping in the surrounding area.

The asset’s overall configuration is a multi-building garden-style apartment community designed around residential parking access and a range of apartment sizes suitable for varied household needs.

Key Highlights

• 30‑unit apartment community in Lake Oswego, OR across from Lake Grove Elementary School
• Built in 1963 with one-, two-, and three‑bedroom unit layouts
• Most units are two‑bedroom apartments

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FAQs

What type of property is this?

Apartment building - 30-unit apartment community in four buildings with off-street resident parking and one- to three-bedroom layouts.

Where is this apartment building located?

The property is located at 3855 SW Lake Grove Avenue Lake Oswego, OR.

What are key features of this property?

This property features: 30‑unit apartment community in Lake Oswego, OR across from Lake Grove Elementary School; Built in 1963 with one-, two-, and three‑bedroom unit layouts; Most units are two‑bedroom apartments