Kidder Mathews is pleased to present a premier offering in Milwaukie, OR. Built in 1976, Crestview Heights consists of 130-units in one of Portland’s top rental markets.

With its convenient suburban location in the heart of Clackamas County, Crestview Heights offers tenants a combination of quiet residential living with close proximity to shopping, entertainment, transit, and employment. The low density layout situated on nearly five acres, includes a wide range of amenities for tenants, including a seasonal swimming pool, clubhouse, abundant greenspace, on-site laundry rooms, dedicated carports (14) and garages (14) with extra storage available, and dedicated on-site management and maintenance.

Crestview Heights has a diverse mix of units, offering studios and spacious one and two bedroom apartments with full kitchens and decks or patios. Recent improvements to the building include all new electrical panels in every unit as well as some siding replacement. The property features energy efficient vinyl windows and the plumbing supply lines are all copper throughout.

As a true value-add opportunity, average rents at Crestview Heights are at least 10% below market with virtually no renovated units, presenting a new owner the ability to make additional upgrades and bring rents up to market. Garage and carport rents are also below market, providing additional upside.

Studio

1 BEDROOM, 1 BATHROOM UNIT

2 BEDROOMS, 1 BATHROOM UNIT