Colonial Heights

Loan Amount

$1,450,000

Lender

Correspondent Life Company

Loan Type

Permanent Debt

Colonial Heights Apartments is a 19-unit, four building apartment- complex located on a 1.03-acre site in Gresham, Oregon. The improvements were constructed in 1965 and consist of two-bedroom and three-bedroom floor plans with an average unit size of 1,074 square feet. Total rentable square footage is approximately 20,400 square feet. The property benefits from its location off of Division Street which is a major east-west thoroughfare and also close proximity to public transportation hubs.