Thursday, January 12, 2012

Kingsberry Heights - 260-Unit Investment Opportunity in Oregon City

Kingsberry Heights is an institutional-quality low-income housing tax credit property in the Portland, Oregon suburb of Oregon City. With 100% of the units rented to tenants at 60% of median income, it is the gold standard of low-income housing projects and operates very similar to a market rate apartment building.
Kingsberry Heights offers excellent access to adjacent Clackamas Community College. It is ranked "Very Walkable" because of convenience to shopping, restaurants, grocery stores, professional services, higher education and banks. This is a turnkey investment which is doing well and will continue to do so.