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Marketing Description
The Sandy Terrace Apartment Complex consists of 50 garden style units on 1.77 acres in NE Portland's most important thoroughfare. It was built in 1971. These wood frame apartments come with balconies or patios, a shared swimming pool, and ample parking. The unit mix includes 43 2-Bedroom/1-Bathroom and 7 1-Bedroom/1-Bathroom units. This value-add investment opportunity has both income growth and expense management potential.
The complex is located fewer than five minutes from both I-205 and I-84 by road, providing easy access to the entire Portland metro area. It is near to Portland International Airport, Cascade Station, and the Columbia Blvd industrial corridor.
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