$2,990,000

Introducing The Louie Apartments: A Modern Investment Opportunity in the Heart of North Eliot. Discover contemporary living in this exceptional 14-unit complex designed for the discerning investor. Boasting an array of desirable amenities, these apartments offer a sought-after combination of comfort and convenience. Each unit is equipped with in-unit washer and dryers, balconies to enjoy the surrounding views, elegant hardwood floors, efficient dishwashers, and sleek stainless steel appliances.Situated in the vibrant North Eliot neighborhood, this property enjoys proximity to an abundance of local attractions. Within walking distance, residents will find a plethora of shops, eateries, pubs, breweries, big box retail stores, and grocery options. Additionally, the renowned Emanuel Hospital, a significant employer in the Portland area, is just blocks away.Commuting is a breeze, thanks to the property's strategic location along the I-5 corridor, with easy access to I-405, I-84, and Hwy 26. This ensures a swift commute for tenants, offering convenience and saving valuable time. Moreover, the apartments are conveniently positioned on the TriMet bus line 6 Stop ID: 5939, providing effortless connectivity to the extensive mass transportation network throughout Portland.This exceptional investment opportunity includes not only The 12 unit Louie Apartments but also two other similar buildings, culminating in a total of 41 units. Don't miss your chance to capitalize on this promising venture. For more information, kindly contact our dedicated listing agent.