Property Description

New construction 12 home detached cottage portfolio in Brentwood Darlington, offering rare scale, efficient unit design, and strong tenant appeal in a convenient Southeast Portland location. The offering includes twelve detached cottages, each with 2 bedrooms and 2.1 bathrooms, solid surface countertops, peninsula island with eat bar, practical storage, and tasteful coffered bedroom ceilings. Each unit comes with a provided refrigerator, washer and dryer, and window coverings, helping ease the move in process and supporting a cleaner leasing presentation from day one. Mini split heating and cooling provides efficient year round comfort, with a mini split on the main level and in each bedroom to help keep every key living space comfortable through every season. Two cottages are 899 square feet and ten cottages are 978 square feet, creating a consistent unit mix for underwriting, leasing, and long term operations. Built by a local boutique builder, the homes combine private entries, detached living, efficient two level layouts, patio spaces, and low maintenance outdoor areas, with the back two homes offering larger, premium yard space for added tenant appeal. Projected pro forma cap rate of 5.33% at stabilization, buyer to verify all income, expenses, and assumptions. Brentwood Park, Brentwood Community Garden, Mt. Scott Community Center, Woodstock New Seasons, Foster area dining, neighborhood coffee, parks, errands, and bike routes are all within easy reach. Nearby Woodstock favorites add even more convenience, helping the homes live larger than their footprints while offering residents connected Southeast Portland living. A rare opportunity to acquire a full new construction detached cottage cluster with uniform layouts, modern systems, and a location built for durable rental demand.