Description

Alexander Court Apartments presents investors with a compelling value-add opportunity to acquire a well-performing 12-unit multifamily property in the heart of Beaverton, one of the Portland metro area’s most stable and desirable submarkets. Built in 1968, the asset features mostly original interiors with select updates over the years, offering immediate upside through renovations. Recent capital improvements include a roof replacement in 2014 and the installation of new windows and patio doors in 2007. The property consists of twelve spacious two-story townhouse-style units, each featuring a 2-bedroom, 1.5-bath layout and fully equipped kitchens with dishwashers. Residents benefit from off-street parking, including covered spaces, and a quiet residential setting that enhances tenant appeal. With a Walk Score of 83 and Bike Score of 87, the location provides excellent access to nearby amenities, shopping, and transit. Ideally positioned just off Tualatin Valley Highway, Alexander Court offers convenient access to Oregon’s “Silicon Forest,” with major employers such as Intel, Nike, and Tektronix nearby, driving strong renter demand from high-income professionals and supporting long-term rental stability.