58 Foster 5811 SE Boise St Immeuble residentiel 30 lots 4 687 777 € (156 259 €/Lot) Taux de capitalisation 5,68 % Portland, OR 97206

Roseland Apartments presents a rare opportunity to acquire a high quality, stabilized multifamily asset strategically located at 5811 SE Boise Street in one of Portland’s most resilient, high-demand rental submarkets. Positioned at the convergence of the trendy Creston-Kenilworth and Foster-Powell neighborhoods, this property offers investors immediate scale in a supply-constrained environment characterized by historically low vacancy rates and consistent year over-year rent growth. The asset features a modern, premium construction profile with luxury-adjacent unit amenities—including individual climate control, stacked in-unit laundry, and a complete energy-efficient appliance package. By pairing institutional-grade location dynamics with a stable, highly desirable demographic profile, Roseland Apartments stands out as a foundational portfolio addition poised for reliable long-term capital appreciation and durable cash flow.

Investment Highlights: From an operational perspective, Roseland Apartments is designed for maximum Net Operating Income (NOI) optimization and minimal landlord friction. The property boasts an exceptional tenant retention profile, with the majority of residents maintaining tenancy for well over a year, significantly reducing turnover costs and leasing concessions. Built to rigorous modern standards, the high quality construction ensures modest, below-market maintenance costs and low ongoing capital expenditure requirements. Furthermore, the asset utilizes a highly efficient operational footprint that eliminates the overhead expense of an on-site manager, while individual utility metering passes standard operational costs directly to the tenant base. This streamlined, low-overhead management structure allows an incoming investor to capture immediate operational efficiencies and enjoy a highly insulated, predictable yield.

Why This Asset, Why Now: Today’s market demands defensive, well-located assets with built-in demand drivers, and Roseland Apartments perfectly fits this thesis. The asset benefits from permanent, recession-resistant demand fueled by its close proximity to major higher-education institutions like Reed College and Warner Pacific College, creating a perpetual pool of student and faculty renters. Simultaneously, its near-perfect 99 Bike Score and 86 Walk Score align with modern demographic shifts toward walkable, low-car-dependency urban lifestyles. With immediate access to the SE Foster Road commercial corridor and five of Southeast Portland’s premier dining and shopping districts, the property captures a highly affluent demographic of young professionals and urban commuters. Acquiring this asset now allows an investor to capitalize on Portland’s tightening rental market, leveraging immediate micro-market demand to drive competitive rent growth while anchoring their capital in a fundamentally secure location.