Stafford Street Apartments
Multifamily | 5.72% CAP | 10 Units
Marketing description
Built in 2018, 436 NE Stafford is a modern, meticulously designed three-story apartment building located in Portland's sought-after NE Woodlawn neighborhood. This contemporary complex features a desirable mix of ten spacious units, including five one-bedroom units along with two- and three bedroom options, averaging 908 square feet each.
Every unit boasts upscale, well-crafted interiors with abundant natural light, creating a bright and inviting atmosphere. Premium finishes include stainless steel appliances, in-unit washers and dryers, and modern vanities with granite countertops and elegant tile backsplashes, blending style with functionality for today's discerning renters.
Situated on a 5,000-square-foot lot, this property enjoys proximity to Portland's vibrant local attractions - restaurants, shops, and amenities - while providing quick and convenient access to downtown. The property has a history of professional management, currently generating high in-place rents with a clear history of stable income and consistent financial records. This turnkey investment opportunity offers both immediate cash flow and long-term growth in one of Portland's most desirable residential areas.
Investment highlights
- New Construction: Contemporary three-story apartment complex built in 2018.
- Large Townhome Units: Half of the units are large townhome style layouts between 1150-1400 square feet.
- Premium Finishes Throughout: Units feature stainless steel appliances, quartz countertops, tile backsplash, LVP flooring, and modern bathroom vanities.
- Apartment Amenities: Units feature in-unit washer/dryer, secure gated entry, and private outdoor space including decks and patios.
- Strong NE Portland Location: Situated in the sought-after Woodlawn neighborhood with walkable access to NE Alberta St, NE Killingsworth St, Woodlawn City Park, and other attractions.
- Stable Operations: Strong in-place rents backed by professional management with a history of organized books and records.
- Diversified Unit Mix: Five one-bedroom units supported by a mix of large two and three-bedroom units for a balanced mix that reduces concentrated vacancy risk.
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