The Gables on Greenburg
Multifamily | 61 Units
Marketing description
CINW is pleased to present The Gables at Greenburg, a premier multifamily investment opportunity in Tigard, Oregon. This Class A, garden-style property was built in 2020 and offers 61 units across a modern 3-story wood-frame design with premium in-unit amenities including full-size washer/dryer, large bay windows, vaulted ceilings, deck/patio, and garage parking.
Located just 10 miles south of Portland with direct freeway access to Hwy 217 and I-5, The Gables benefits from diverse employment base throughout the nearby Sunset Corridor anchored by Nike, Intel, and Columbia Sportswear, and immediate proximity to Washington Square Mall — Oregon's largest retail destination currently undergoing a major transformation. The property is fully stabilized with strong rent growth potential, positioned in a submarket with below-regional vacancy rates and sustained long-term demand.
Investment highlights
Built in 2020 — Class A, Garden Style Construction - Priced Well Below Replacement Cost (call broker for guidance)
61 Units | 50,103 SF Net Rentable Area | Average Unit Size: 821 SF (~16% larger than existing inventory in the Tigard submarket)
1.53 Acres | 66 Surface + 19 Garage | Parking Ratio: 1.39 per unit
3-Story Wood Frame | Pitched Composition Asphalt Roof | Hardie Plank Lap Siding
9-Foot Ceilings / Vaulted Top Floor | Double Pane Vinyl Windows | Fully Sprinklered
In-Unit Full-Size Washer/Dryer | Deck/Patio | Garage Parking Available I Leasing Office On-Site
Direct Freeway Access to Hwy 217 & I-5 — Under 25 Minutes to Downtown Portland & PDX
Adjacent to Washington Square Mall — Oregon's Largest Regional Shopping Center
Tigard's Submarket Trends: $108,800 Median Household Income | 38.4% Renter Rate | ~3.2% Vacancy
10.1% Rent Upside Based on Recent Lease Trade-Outs
95% Occupied — Fully Stabilized Asset
Strong Institutional Employment Base: Nike, Intel, Tektronix, Columbia Sportswear, Providence Health
Washington Square Mall Redevelopment Underway: 142K SF Dick's House of Sport Opening Fall 2027
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