August 1, 2025
NORRIS & STEVENS, INC. BROKERS $5.3M INVESTMENT SALE OF RESIDENTIAL CARE FACILITY IN PORTLAND, OREGON
The Pribeagu family recently completed the $5,300,000 investment sale of a 16-room residential care facility located at 19909 SE Stark Street in Portland, Oregon.
Constructed in 2003 and zoned for 34-beds, the approximately 13,415 square foot residential care facility is comprised of 2 buildings on 1.42 acres. Made up of 3 separate wings, the facility offers various amenities, including a full kitchen, three laundry rooms, an intercom system, office spaces, and a large community room. All 16 rooms are fully furnished and ADA compliant with private bathrooms and individual temperature control. The facility also includes two storage sheds and approximately 3,000 square feet of substantial garage space.
David C. Chatfield with Portland-based Norris & Stevens, Inc. represented the Seller, and Lindsay C. Murphy with Apex Real Estate Partners represented 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 7 million square feet of commercial space and 11,000 apartment units.
