Trion Properties has purchased a multifamily portfolio totaling 302 units in the Beaverton submarket of Portland for $94.8 million.
The Beaverton portfolio consists of three sites: Jasper Place, Jasper Square and Willow Grove.
Constructed in 1986, Jasper Place is a 100-unit community located in northern Beaverton. Composed of 19 two-story wood-framed buildings, the community features one-, two- and three-bedroom apartment units. Existing amenities include a pool, fitness center, sports courts and leasing office, as well as upgrades to 58 percent of all unit interiors and garages for each unit, the latter of which Jasper Place and Jasper Square are the only properties in the submarket to feature. Located one mile from the Willow Creek MAX light rail station, adjacent to Tanasbourne Town Center and Kaiser Permanente Westside Medical Center, Jasper Place offers easy access to employment corridors and local amenities throughout Beaverton and into downtown Portland.
