September 13, 2022
NORRIS & STEVENS, INC. BROKERS $4.07M SALE IN BEAVERTON, OREGON
OPI Aloha LLC & RPM Investments out of California recently completed the $4,070,000 purchase of the Oak Square Apartments located at 1970 SW Alexander St in Beaverton, Oregon.
Oak Square Apartments was constructed in 1983, and is situated on 1.53 acres of land. The unit mix consists of 21 spacious two bedroom/two bath units at approximately 875 square feet, and a three bedroom/two bath unit at approximately 1,000 square feet. All apartments include a full size washer and dryer, fireplace, patio, and extra storage space.
The property is located in Aloha, Oregon, near Intel, offering abundant shopping within walking distance, and easy access to local public transportation. Oak Square is also just minutes from downtown Beaverton, and 45 minutes’ drive from Portland International Airport.
Todd VanDomelen with Portland-based Norris & Stevens, Inc. represented both the Seller, CFH Limited Partnership, and the Buyer in the transaction.
Norris & Stevens, Inc. is one of the largest locally-owned, full-service commercial real estate brokerage firms in Oregon and SW Washington. A member of the TCN Worldwide network, the firm was founded in 1966 and currently employs around 75 professionals in investment sales, leasing and property management for office, industrial, retail, land, and multi-family properties. The firm’s property management portfolio exceeds 5.9 million square feet of commercial space and 9,100 apartment units.