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. Crafted by a local family builder with roots in finish carpentry, each home reflects enduring craftsmanship, forward thinking design, and a commitment to strengthening Portland's neighborhoods. Built better from the finish up. Interiors feature solid surface countertops, peninsula islands with eat bars, practical storage, and tasteful coffered bedroom ceilings. Each cottage includes a refrigerator, washer and dryer, and window coverings, helping ease the move in process and support a clean leasing presentation from day one. Mini split heating and cooling on the main level and in each bedroom provides efficient year round comfort throughout every key living space. Two cottages offer 899 square feet and ten offer 978 square feet, creating a consistent unit mix for underwriting, leasing, and long term operations. Private entries, detached living, efficient two level layouts, patio spaces, and low maintenance outdoor areas enhance tenant appeal, while the back two homes offer larger, premium yard space. Projected pro forma cap rate of 5.83% 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 further convenience and help the homes live larger than their footprints. A rare opportunity to acquire a full new construction detached cottage cluster with uniform layouts, modern systems, and a location positioned for durable rental demand.