Rare Development Opportunity

Investment Overview

This 36,960 SF parcel presents a rare development opportunity in Portland’s Centennial neighborhood, with plans for a 4-story, 178-unit mixed-use apartment project featuring ground-floor retail. The prior owner has advanced the project through engineering and entitlement, creating a seamless opportunity for a developer to step in and move forward.

Investment Highlights

• Plans for 178 apartment units plus ground-floor retail
• Engineering and entitlement ~70% complete
• 36,960 SF parcel in Portland's Centennial neighborhood
• MAX Blue Line access and strong freeway connectivity