Equity Pacific is pleased to announce the sale of the 14 Unit Hawthorne Vintage Garden Court Apartments for $2,200,000. The building is two-story wood-frame with brick and aluminum siding with a beautiful garden courtyard located one block south of Hawthorne Boulevard at the corner of SE 29th & Clay, a close-in SE location that is among the most sought after neighborhoods in the City.
The Hawthorne Vintage Garden Court Apartments is situated on a quiet street and tenants enjoy a walker’s paradise location in close proximity to parks, supermarkets, restaurants, bars, retail stores and public transportation. This location also scores a perfect “100” as a Biker’s Paradise with excellent bicycling opportunities.
Owned by the same family for decades, the Hawthorne Vintage Garden Court Apartments comprise six 2BR/1BA Town Homes, four 2BR/1BA flats and four 1BR/1BA units with open, off-street parking and coin-op laundry. The interiors of the apartments feature hardwood floors and tiled kitchen and baths. The new owner intends to fully renovate the exterior and interiors of the property to realize the building’s pride of ownership potential and achieve market level rents.
Jason Waxberg represented both parties to the transaction.
1535 SE 29th Avenue | Portland, Oregon 97214