Fernhill Crossing
Portland, OR
Asset Summary
Introducing Fernhill Crossing, a 19-unit apartment community located in vibrant, close-in Northeast Portland, OR. Completed in 2020, this newly constructed complex offers a mix of primarily larger, two-bedroom flats and townhome units, as well as some one-bedroom apartments. The property also includes a renovated single-family home as one of the units. Each unit features modern designs with fully equipped kitchens, islands, dishwashers, high-end appliances and finishes, air conditioning, in-unit laundry, and vaulted ceilings. The community’s four buildings are set among well-landscaped grounds and include amenities such as a community garden, outdoor dining area, central courtyard, and off-street parking.
Nestled in one of Portland’s largest and most diverse neighborhoods, Fernhill Crossing benefits from NE Portland’s blend of urban amenities like the shops and dining just minutes away along NE 42nd Ave. Positioned near major highways like I-5 and I-205 and close to NE Lombard St, a key transitway, The property provides excellent connectivity to the Portland International Airport, downtown Portland, and nearby natural attractions like the Columbia River Gorge and Mount Hood.Fernhill Crossing offers investors an opportunity to own a quality, newly built asset in a vibrant city location with a compelling cash flow return.