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29478350
29478351

12437 SW Hall Blvd, Tigard, OR 97223

WR
OR 201204200, WA 25012784
Marcus & Millichap - Portland
CM
OR OR 201238624
Marcus & Millichap - Portland
Listed by Marcus & Millichap - Portland
Unpriced
135 days on market
Updated 43 days ago
Under Contract Opportunity zone

Hall Boulevard Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 9,600
Net Rentable (SqFt) 9,600
Units 12
Occupancy 100%
Class C
Year Built 1970
Buildings 6
Stories 1
Acreage 0.670
Investment Type Value Add

Suburban Duplex-Style Property in Landlord-Friendly Washington County

Marketing description

PROPERTY WEBSITE: https://www.marcusmillichap.com/properties/178233/hall-blvd-apartments

The Rhoades Group of Marcus & Millichap is pleased to present Hall Boulevard Apartments, a twelve-unit apartment community ideally located along SW Hall Boulevard in Tigard, Oregon. The property benefits from a central and highly desirable Tigard location, offering residents easy access to retail, dining, major employment centers, and main transportation corridors. The site also provides convenient connectivity to primary highways, allowing for efficient travel throughout Tigard and the greater Portland metropolitan area.

Hall Boulevard Apartments is comprised entirely of two-bedroom, one-bath duplex-style units and one three-bedroom, one-bath unit offering a highly desirable residential layout that appeals to long-term tenants. Each unit features a private fenced backyard, creating a single-family home feel that differentiates the property from traditional apartment communities. Additionally, all units are equipped with washer and dryer hookups, further enhancing tenant convenience and marketability.

Select units feature interior upgrades, including upgraded flooring, refinished cabinetry, and updated countertops, enhancing overall unit quality while providing a clear value-add opportunity for future ownership to continue renovations and drive rental growth.

This offering represents a compelling opportunity to acquire a well-located, stabilized multifamily asset with attractive unit layouts in one of Tigard’s most desirable submarkets, providing durable cash flow and long-term investment potential.

Investment highlights

  • Located in Washington County, a More Landlord-Friendly Environment

  • Exclusively Duplex-Style Layouts Surrounding Central Parking

  • Strong In-Place Cash Flow with 10+% Upside in Rental Income

  • Opportunity to Add Monthly Bill-Backs to Offset Utility Expense

  • Proximate to Multiple Park, Schools, and Retail, Dining and Employment Options

Listing Contacts

WR
OR 201204200, WA 25012784
Marcus & Millichap - Portland
CM
OR OR 201238624
Marcus & Millichap - Portland
Listed by Marcus & Millichap - Portland

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$154,617.00
$12,884.75/mo

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Additional Information

Name
Whitney Rhoades
License
201204200
Brokerage Phone
5032002000
Name
Chandler Miller
License
OR 201238624
Brokerage Phone
5032002073
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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