Norris and Stevens Brokers Investment Sale of Portland Apartments

Norris and Stevens Brokers Investment Sale of Portland Apartments

Norris & Stevens, a Portland-based real estate firm, recently facilitated the purchase of Glenwood Apartments by Glenwood on Powell, LLC for $3.04 million. The multifamily complex is located at 13116 SE Powell Boulevard in Portland’s Powellhurst-Gilbert neighborhood.

David C. Chatfield and Adrian Vidican from Norris & Stevens represented both the buyer and seller – Edward Y. Wong and Bin Y.Wong – in this transaction which was completed in 1970.

The property consists of six buildings spread over 1.02 acres with a total of 28 units ranging from one to two bedrooms between 750-800 square feet each.

Glenwood Apartments is conveniently situated near various retail outlets along SE Powell Boulevard and SE Division Street with easy access to major transportation routes such as I-205 and Hwy26.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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