LaScala Apartments

Deal Type: Acquisition

Risk Profiles: Core, Core Plus

Property Types: Multifamily, Retail

EXECUTIVE SUMMARY

LaScala Apartments

  • 2016 Construction | Durable Asset: Earth Advantage Platinum-certified building with 44 spacious units and off-street parking, offering modern systems and design that reduce near-term capital needs and ongoing maintenance.
  • Walkable Downtown Beaverton Location: Situated in the heart of Beaverton’s vibrant commercial downtown area, LaScala is walkable to the city’s popular restaurant scene, Beaverton High School, the City Library, and the MAX Light Rail – supporting consistent tenant demand and long-term desirability.
  • Diversified Commercial Income: Ground-floor retail is leased to popular restaurant operators who have been in place since the building opened, providing diversified income and steady activity at the property.
  • Attractive Assumable Financing: Existing $7.48MM loan at 3.61% fixed through August 2032 allows a buyer to step into long-term debt well below current market rates, enhancing cash flow from day one.
  • Built-In Rental Growth: Current rents remain below nearby newer Class A properties, creating a clear path to future increases while still positioning the property as an attractive, high-quality housing option for tenants.

LOCATION OVERVIEW

Beaverton, Oregon | Walkable, connected, and redefined by meaningful public and private investment.

The City of Beaverton’s ongoing downtown revitalization and transit-oriented development initiatives reflect a significant public-sector reinvestment across the city’s central districts,

supported by sustained infrastructure, transportation, and placemaking funding. Focused on multimodal mobility, streetscape enhancements, and higher-density mixed-use development, these efforts improve overall livability and support walkable, amenity-rich neighborhoods, key drivers of long-term residential demand throughout Beaverton.

Contact Us

Lee Fehrenbacher

HFO Investment Real Estate

(971) 717-6346

Greg Frick

HFO Investment Real Estate

(971) 717-6332