Unique opportunity to acquire newly renovated apartments

Villa St. Margaret (The Property) represents a unique opportunity to acquire a beautifully renovated and meticulously maintained former independent senior living community situated in the heart of Southeast Portland’s, Foster-Powell Neighborhood. Located on a quiet setting on SE 80th Avenue, between Powell Boulevard and Center Street, The Property offers a tranquil setting for residents and strategic value for investors in a supply-constrained submarket. Comprised of 47 units, Villa St. Margaret has historically maintained strong occupancy due to its intimate scale, home-like setting, and its appeal to seniors seeking an affordable, community-oriented lifestyle.

The asset has operated as an independent, senior (55+) community since construction in 2003. The Property recently underwent significant renovations including a new roof, luxury vinyl plank flooring throughout, new elevator mechanics, exterior paint and much more. The Property includes 21 dedicated parking spaces with ample parking in the adjacent neighborhood.

The Property consists of thirty-eight 1 bedroom - 1 bath units averaging 634 square feet, eight 2 bedroom 1 bath units averaging 867 square feet and one 2 bedroom - 2 bath unit at 1,268 sf. Each unit offers a large, open floorplan, luxury vinyl plank flooring, ample storage and washer-dryer hookups. Each floor has recycling and trash room and laundry room available to residents. With a large welcoming foyer, mail room and exterior community gardens The Property offers a very welcoming feel for its residents.

The Property is nestled within a tranquil and welcoming community centered around St. Anthony of Padua Catholic Church and St. Anthony Village. St. Anthony Village offers full service senior care and Lilypads Childcare Center sits adjacent the parking lot. The property benefits from close proximity to regional medical providers, transit, shopping, and other senior focused amenities. Positioned within the Foster Powell Neighborhood there is quick access to the Holgate Library, Essex Park and Eastport Plaza’s restaurants and shops. Given the increasing demand for senior housing in the Portland metro area—driven by demographic shifts and limited new supply in this submarket—Villa St. Margaret is poised for long-term value growth.