52-Unit Value-Add Opportunity in Newberg, Oregon

Colliers is pleased to present Trillium Square Apartments (the "Property" or the "Community"), a 52-unit garden-style community in Newberg, Oregon, one of the Willamette Valley's most desirable and fastest-growing small cities. Offered for the first time by its original builders, Trillium Square sits at the gateway to Oregon's wine country, roughly 25 miles from Portland along Highway 99W, close enough for an easy metro commute yet grounded in a genuine small-town setting. Residents enjoy a walkable historic downtown, a growing collection of restaurants and tasting rooms, and quick access to the Willamette River and the region's parks and vineyards. The local economy is anchored by stable, institution-led employers, including George Fox University, Oregon's largest private university, Providence Newberg Medical Center, and A-dec, a global dental-equipment manufacturer headquartered in town. With a young, high-income resident base and a supply-constrained market that has seen little new construction and carries no forward pipeline, Newberg delivers the kind of durable, insulated demand that supports long-term rent growth.

The Property distinguishes itself as a rare, first-generation offering: a well-built 1994 community that has been carefully maintained by the same ownership since construction, yet left largely untouched from a value-add standpoint. Paired with functional floor plans and a low-density garden setting that offers the green space and privacy today's renters increasingly seek, Trillium Square presents a clean, multi-layered path to value in a market where quality product of this kind rarely comes available.

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