Green Seed Apartments

For Sale

16111 East Burnside Street, Portland, OR 97233

This Portland property for sale is located at 16111 East Burnside Street. The current listed sale price for Green Seed Apartments is $7,500,000. Green Seed Apartments is situated on a lot that is 0.42 acre in size.

Contacts

broker

Skip Rotticci, CCIM

Macadam Forbes

(503) 972-7284

Property Details

  • Property Type Multi-Family
  • Property Size 19,551 SF
  • Units 31
  • Lot Size 0.42 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2021
  • Date Updated Apr 12, 2024
The address is located in the East Portland neighborhood of Portland, Oregon and is adjacent to the East 162nd Ave. MAX light rail station. The Property is about 8.2 miles from Portland Airport Air Guard Station and 11.5 miles from Portland International Airport. The property is within walking distance of several parks, including Nadaka Nature Park, Midland Park, and Ventura Park. There are also several shopping centers within a 1.1-mile radius, including the Hawthorne District and the Division Street Shopping District. The property is located about 2 miles from the Lloyd District, which is a major commercial and business district. The neighborhood is served by several bus lines, and light rail making it easy to get around without a car.Green Seed is a 31-unit apartment complex that was built in 2021 and is 100% occupied. It is the only carbon-neutral apartment complex in the Pacific Northwest. The apartments are designed to be energy-efficient, with features such as solar panels and water-saving appliances. The apartments range in size from 313 square feet to 511 square feet including studio and one bedroom apartments. The apartments are highly energy efficient and are focused on affordability, community building, and offer desperately needed workforce housing adjacent to a Max light rail station. The property has a number of amenities, including a rainwater harvesting system, community raised bed gardening area, onsite parking, two ground floor commercial spaces, and a 1,741 square foot space in the daylight basement that could be office, treatment counseling, or shelter space that could serve residents and the greater community. In addition, there is also a community room that can be used for resident events and gatherings. The rent for the apartments starts at $1,150 per month for studio apartments. Rent includes all utilities, except for internet. If you are looking for a sustainable and convenient place to live in Portland, then 16111 East Burnside Street is a great option. The property is located in a vibrant neighborhood with easy access to public transportation, shopping, and parks. The apartments are also energy-efficient and have a number of amenities.

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Highlights

  • Green Seed Apartments are 100% occupied.
  • The building is the only Carbon Neutral apartment complex in the region.
  • Generous common areas to encourage resident interaction.
  • Individual locking storage spaces.
  • Rainwater Harvesting System.
  • Geothermal Heating and Cooling.
  • Solar Power generation.
  • High efficiency construction methods.

Attachments

Getting around

  • 73/100

    Walk Score ®

  • 54/100

    Transit Score ®

  • 87/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Portland, OR
  • Neighborhood Glenfair
  • Zip Code 97233
  • Market Portland

Points of Interest

  • East 162nd Avenue

    0.05 miles

  • East 172nd Avenue

    0.54 miles

  • East 148th Avenue

    0.64 miles

  • East 181st Avenue

    0.98 miles

  • Rockwood/Southeast 188th Avenue

    1.30 miles

  • Ruby Junction/Southeast 197th Avenue

    1.86 miles

  • East 122nd Avenue

    1.96 miles

  • Civic Drive

    2.88 miles

  • East 102nd Avenue

    2.95 miles

  • Gresham City Hall

    3.19 miles

  • Union 76

    0.25 miles

  • Chevron

    0.66 miles

  • Arco

    0.96 miles

  • Shell

    0.98 miles

  • Shell

    1.26 miles

  • Arco

    1.29 miles

  • Chevron

    1.52 miles

  • Shell

    1.60 miles

  • Space Age

    1.62 miles

  • 76

    1.66 miles

  • Walgreens parking lot

    0.25 miles

  • E 181st Ave

    1.10 miles

  • E 122nd/Menlo Park

    1.91 miles

  • Gateway

    3.24 miles

  • SE Main St

    3.31 miles

  • Gresham Parking Garage

    3.74 miles

  • SE Powell Blvd

    3.84 miles

  • Leach Auxiliary Parking

    3.88 miles

  • The Columba Center

    3.97 miles

  • SE Holgate Blvd

    4.00 miles

  • Super 8

    0.96 miles

  • Bridgeway Inn & Suites

    1.50 miles

  • Extended Stay America

    1.52 miles

  • Courtyard Portland East

    1.71 miles

  • WoodSpring Suites Portland North Gresham

    1.79 miles

  • Hampton

    1.82 miles

  • Cedarville Lodge

    2.72 miles

  • Montavilla Motel

    3.14 miles

  • Nordic Inn and Suites

    3.14 miles

  • Ramada

    3.19 miles

  • Su Casa Super Mercado

    0.29 miles

  • Europa PDX

    0.75 miles

  • Albertsons

    0.91 miles

  • Ross

    1.14 miles

  • Fred Meyer

    1.53 miles

  • 130th Stark Street Mall

    1.56 miles

  • Plaza 125

    1.76 miles

  • Bi-Mart

    2.02 miles

  • WinCo Foods

    2.11 miles

  • Grocery Outlet

    2.12 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Skip Rotticci, CCIM

Macadam Forbes

(503) 972-7284