Asset Overview
Alexander Court Apartments offers investors a true value-add opportunity to acquire a well-performing 12-unit multifamily property in the heart of Beaverton one of the Portland metro area’s most stable and desirable submarkets.
Built in 1968, the property features mostly original interiors with selective updates over the years. Recent capital improvements include a roof replacement in 2014, and new windows and patio doors installed in 2007. Each of the twelve units is a spacious two-story townhouse-style layout with 2 bedrooms and 1.5 baths, featuring fully equipped kitchens with dishwashers. The property provides off-street parking, including covered spaces, and benefits from a quiet residential setting that enhances tenant appeal. A Walk Score of 83 and a Bike Score of 87 highlight excellent access to nearby amenities, shops, and transit options.
Positioned just off Tualatin Valley Highway, Alexander Court offers convenient access to Oregon’s “Silicon Forest,” home to major employers such as Intel, Nike, and Tektronix. Its central location attracts steady renter demand from high-income professionals and provides residents easy access to key employment centers and retail destinations like The Streets of Tanasbourne and Cedar Hills Crossing further reinforcing the property’s strong long-term rental performance.
