Willows Apartments

HFO is pleased to present Willows Apartments, a 15-unit multifamily investment opportunity located in Tigard, Oregon, just 0.6 miles from Downtown Tigard. Built in 1967, the property features spacious, predominantly townhome-style residences, including 11 two-bedroom units, with an average unit size of 883 square feet. Residents enjoy convenient access to nearby shopping, dining, employment centers, and transportation, along with amenities including private patios or balconies, off-street parking, on-site laundry, and rentable storage. Willows Apartments offers investors a compelling value-add opportunity through targeted capital improvements, interior renovations, and operational enhancements. With current rents below projected market levels and pro forma underwriting indicating approximately 28% rental upside following renovations, the property is well-positioned for increased rental income and long-term value appreciation.