Going Street 6 Home Detached Cottage Portfolio
6 Newly Built Detached Cottages Near Wilshire Park | 5.74% Pro Forma Projected Cap Rate
Marketing description
A rare opportunity to acquire six newly constructed detached homes within a thoughtfully designed cottage-style community in Northeast Portland. Located just blocks from Wilshire Park and near Beaumont-Wilshire, this portfolio offers a compelling blend of privacy, modern design, and long-term tenant appeal. The offering includes four 2-bedroom, 2.1-bath homes with ~835 square feet and two 3-bedroom, 2.1-bath homes with ~1,080 square feet. Each home is fully detached and features an open-concept great room, soaring ceilings, large picture windows, stainless steel appliances, solid surface countertops, custom cabinetry, tile backsplash, designer lighting, modern hardware, upper-level laundry, and energy efficient mini-splits for year round heating and cooling. Each home also includes private fenced outdoor yard space, adding usable outdoor living area and helping support tenant retention. Four of the six homes offered include a dedicated off street parking space. Residents benefit from close proximity to Wilshire Park, Beaumont Village, the Hollywood District, neighborhood cafés, restaurants, shops, transit access, and a 96 Bike Score. Brand new and move-in ready, this six-home portfolio offers rare detached-home rental inventory with modern finishes, efficient layouts, private yards, low-maintenance design, and highly marketable amenities in a desirable Northeast Portland location.
Investment highlights
- Six newly constructed detached homes
- 14 bedrooms across six residences
- Four homes include dedicated off-street parking
- Energy efficient mini-split heating and cooling
- Private fenced outdoor spaces for every home
- Low maintenance new construction asset
- Strong Northeast Portland rental location
- Individual detached-home appeal supports tenant retention
- Opportunity for immediate lease-up at market rents
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