Glen Ridge Apartments

About Project

UAA and their partners are proud to announce the acquisition and closing of 39 units in Beaverton, Oregon.

•  Well maintained asset in desired submarket.

•  Stable turnkey cash-flowing investment.

•  Favorable Loan Terms: 80% Freddie Mac Loan, 3.4%, 3 Years Interest Only

•  Add value acquisition with upside in both increasing rents and managing expenses.

•  Norris and Stevens will be managing the asset day to day for the partnership and helping UAA in driving overall asset efficiency and returns.

 

Role

Owner / Asset Manager

Location

8095 SW Hall Blvd, Beaverton, OR 97008

Number of Units

39

Project Team

Managed by Affinity Property Management

Completion

Acquired: Q1 2021