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.

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