The Drake Apartments 2308-2326 SW Osage St Immeuble residentiel 12 lots 1 679 906 € (139 992 €/Lot) Taux de capitalisation 6,70 % Portland, OR 97205

Kidder Mathews is pleased to present The Drake, a historic 12-unit apartment in downtown Portland’s Kings Heights/Goose Hollow neighborhood.

Consisting of two buildings built in 1905, The Drake is comprised of two vintage four-story apartment buildings located in the heart SW Portland’s most vibrant and historic neighborhood. Offering a variety of unit types, The Drake’s average unit size is uniquely large at over 780 SF. The mix includes studios, one-bedroom, two-bedroom, and three-bedrooms, each with a variety of updates.
The buildings have a historic charm and are situated on SW Osage St, a unique street on the edge of the historic Kings Hill neighborhood, and at the doorstep of the most vibrant part of the city. The building and location is ideal for renters who want to live in a historical setting but still be close to all the amenities and activities that downtown Portland offers.
Over the years, The Drake has undergone many improvements while still retaining its historic charm. Most units are spacious and feature hardwood floors, carpeted bedrooms and updated kitchens. Units with decks have stunning downtown views. Dedicated parking is available for some units.
The Drake is located in Portland’s Kings Hill neighborhood, a small historic residential area directly to the north of Goose Hollow, situated between SW 20th Ave and SW 21st Ave. Goose Hollow, a bustling, eclectic, and walkable neighborhood with a mix of commercial and residential spaces. The location is a “Walker’s Paradise,” (Walk Score of 95), is very bikeable (Bike Score of 76), and it has great transit being near several bus stops and Portland’s award winning light rail and street car lines. With less than a mile to access Washington Park, the International Rose Test Garden, the Japanese Garden, and Providence Park tenants have a variety of activities at their doorstep. Zupan's Market is blocks away and it’s a 10 minute walk to the MAX Blue Line and the MAX Red Line at the Goose Hollow/SW Jefferson St MAX Station stop. Freeway access to I-405 access is 6 minutes from the building.