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Multifamily

Hall Blvd Apartments

12437 SW Hall Blvd, Tigard, OR 97223

Listing Price: $2,340,000

Cap Rate
6.61%
Number of Units
12
GRM
9.67
Occupancy
95.0%
Price/Unit
$195,000

Investment Overview

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
  • Duplex Style Layouts
  • Strong In-Place Cash Flow with 10%+ Upside in Rental Income
  • Opportunity to Add Monthly Bill-Backs For Utilities

Exclusively Listed By

Financing By

Multifamily

Hall Blvd Apartments

Listing Price: $2,340,000

Cap Rate
6.61%
Number of Units
12
GRM
9.67
Occupancy
95.0%
Price/Unit
$195,000

Investment Highlights

  • Located in Washington County, A More Landlord Friendly Environment
  • Duplex Style Layouts
  • Strong In-Place Cash Flow with 10%+ Upside in Rental Income
  • Opportunity to Add Monthly Bill-Backs For Utilities

Investment Overview

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.

Exclusively Listed By

Financing By

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