Studio pointe i $3,350,000
30 Units I 5605 E Milwaukie Ave, Portland, OR, 97202
The LIHTC income-restricted structure provides stable occupancy and predictable cash flow, reducing exposure to market volatility.
The 2020 construction with modern, durable finishes minimizes near-term capex and supports a low-maintenance, operationally efficient asset.
The efficient studio unit mix aligns with strong workforce housing demand, supporting consistent leasing velocity and tenant retention.
Proven rent structure within the LIHTC framework ensures reliable collections and minimizes downside risk during economic cycles.
Location in the highly desirable Sellwood-Moreland submarket positions the asset within a supply-constrained area with strong long-term demand drivers.
Walkable access to parks, retail, dining, and lifestyle amenities enhances tenant satisfaction and supports sustained occupancy.
Transit access via bus lines and MAX Orange Line connects residents to Downtown Portland and major employment centers, strengthening leasing stability.
The combination of newer-vintage construction and regulated affordability creates a defensive investment profile focused on stable, long-term returns.
Property Highlights
Studio Pointe is a 30-unit apartment community built in 2020 and located in Portland's highly desirable Sellwood-Moreland neighborhood. The property features efficiently designed studio apartments with modern finishes, including granite countertops, vinyl plank flooring, contemporary appliances, and updated interiors, offering a durable, low-maintenance investment.
Operating under the Low-Income Housing Tax Credit (LIHTC) program, Studio Pointe provides stable occupancy, predictable cash flow, and an income-qualified tenant base. Residents enjoy secure bike storage, on-site laundry, and immediate access to Sellwood's vibrant retail, parks, trails, and public transit. Combining newer construction with minimal capital needs and one of Portland's strongest rental submarkets, Studio Pointe presents a compelling opportunity to acquire a stabilized affordable housing asset with durable long-term income potential.