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Bridgepointe Apartments

8801-8823 N Edison Street, Portland, Oregon 97203

$2,495,000

Status:
Available
County:
Multnomah
Units:
12
Year Built:
1973
Land Size:
0.23 Acres
Building Size:
10,680 sq. ft.
Price per SF:
$238
CAP Rate:
5.41%
Unit Mix:

Ten (10) two-bedroom, one-bathroom units and two (2) three-bedroom, two-bathroom units

Floors:
1
Roof Type:
Asphalt Shingle
Property Photo

Bridgepointe Apartments is a well-maintained 12-unit apartment community built in 1973 in Portland, Oregon. The property features spacious two- and three-bedroom apartments and property rents trail market rates in the popular St. Johns neighborhood, making it a prime candidate for value-add improvements. Many of the building’s spacious apartments feature classic finishes, making them ideal candidates for value-add improvements including new flooring, cabinetry, countertops, and appliances.

Bridgepointe Apartments is located in a neighborhood setting just a few blocks from the picturesque Cathedral Park and minutes away from the many dining, retail, and entertainment offerings of central St. Johns.

The sale includes attractive assumable debt, but new debt is also an option.

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12
Units
1973
Year Built
10,680
SQ. FT.

Property Location