Ventura Park Plaza
Portland, OR
Date acquired: 2023
Purchase Price: $7,900,000
54 units
Ventura Park Plaza was built in 2005 as a 54-unit apartment property in east Portland, Oregon. The property features a mix of spacious one- and two-bedroom units that boast open floor plans and in-unit washers/dryers. Ventura Park Plaza is a secured-entry property with tuck-under parking beneath the building. There is a fitness room and additional common spaces for resident use. The property sits on the Blue MAX line on East Burnside Street, giving residents convenient transit access west to downtown Portland and east to Gresham. Just a short drive away are Interstates 205 and 84, providing easy access around the greater Portland metro area.
CONVENIENT LOCATION
Gateway Plaza is conveniently located between Portland, Gresham, Clackamas, and Vancouver employment centers. In addition, it is steps away from multiple MAX lines and Interstates 205 and 84, allowing for fast access in any direction around the Portland metro area.
UNIQUE CONSTRUCTION
Ventura Park Plaza is podium-style, elevator-served construction featuring secured access, interior hallways, and secured off-street tuck-under parking. These features and construction provide enhanced security and are unique for the immediate area where many of the properties are garden-style properties. The apartments are roomier than newer buildings, averaging 790 sq ft per unit. Every unit has in-unit laundry, breakfast bar, and plentiful storage.
