- For Sale $5,460,000
- Property Type Other
- Units 42
- Year Built 1999
- Date Updated Jul 25, 2026
Description
HFO is pleased to present Beverly Rose Terrace, a 42-unit multifamily community offering investors a compelling value-add opportunity in East Portland. The property provides a clear path to income stabilization through lease-up, mark-to-market rent growth, and operational improvements rather than significant capital investment. Comprised almost entirely of spacious two-bedroom apartment homes with in-unit washers and dryers, air conditioning, and assigned off-street parking, Beverly Rose Terrace is well positioned to attract and retain long-term residents. Located adjacent to the newly redeveloped Mill Park and within close proximity to Adventist Health Portland, Walla Walla University School of Nursing, and the East Portland Community Center, the property benefits from a strong employment base and abundant neighborhood amenities. Convenient access to US-26, I-205, TriMet transit, and nearby retail further enhances its appeal, making Beverly Rose Terrace an attractive opportunity to acquire a well-located asset with significant upside potential through disciplined asset management.
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Contacts
HFO Investment Real Estate | a Member of GREA
Location
Located at 1901-1943 SE 122nd Ave., Portland, OR 97233, this property is part of the Mill Park neighborhood.
HFO Investment Real Estate | a Member of GREA