Wednesday, November 12, 2008

Beautiful 16-Unit Cottage-Style Apartment Community Available For Sale $1.8 Million

The Westmoreland 16 Apartments are located at 5232-5248 SE Milwaukie Avenue and 5231-5247 SE 17th Avenue, in Portland, Oregon.  Built in 1947, this complex of cottage-style apartments is made up of (2) seperate tax lots with (8) units in each tax lot, making it a total of (12) 1-bed 1-bath apartments and (4) 2-bed 1-bath units.

The complex has (11) garages as well as individual basements, with some of the basements having washer/dryer hookups.  Westmoreland 16 has been owned since 1962 by the same family providing stability with the building.  This is a rare opportunity to own a close-in, well maintained property in an A+ location.

Please do not disturb tenants or on-site manager. Viewing by appointment only. For more information contact: Rob Marton at 503-241-5541.