Property Description

- YEAR BUILT UNKNOWN - Located in the Woodstock Neighborhood of Southeast Portland, Woodstock Apartments is a 7-unit property comprised of six (6) one (1) bedroom and one (1) bathroom apartments and one (1) studio apartment. The one (1) bedroom apartments range in size from ~550 square feet to ~650 square feet and the studio apartment is ~500 square feet. Amenities include private off-street parking and coin-less laundry facilities. Since acquiring the property the ownership team have replaced all of the windows and updated all of the units. Recent updates include but are not limited to the following, Roof 2024, Siding (partial) 2024, Central Hot Water Heater 2023, and Remodeled Kitchens (3 units). Woodstock Apartments presents an opportunity for an investor to acquire an asset in a desirable location, implement operational efficiencies and to capitalize on the below market rents $296 (24.9%) and $180 (16.4%) for one (1) bedroom and studio apartments in the area, respectively.*Market Rents based on 12-month average rents for 1BR/1BA and 0BR/1BA apartments within 1.5-mile radius of subject property. Sample Size: 59 properties and 17 properties, respectively. Source: Rentometer 7/29/2025