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Seattle & Northwest  + Portland  + Apartments  |  January 21, 2025
Jasmine Kilman
By: Jasmine Kilman

Norris & Stevens Brokers Investment Sale of Portland Apartments

Glenwood on Powell, LLC recently completed the $3,040,000 purchase of the Glenwood Apartments, a multifamily complex located at 13116 SE Powell Boulevard in Portland, Oregon.

David C. Chatfield and Adrian Vidican with Portland-based Norris & Stevens represented the buyer and the seller, Edward Y. Wong and Bin Y. Wong, in the transaction. Constructed in 1970, the Glenwood Apartments is a 28-unit multi-family asset consisting of 6 buildings situated on 1.02 acres in Portland’s Powellhurst-Gilbert neighborhood.

The apartment community is comprised primarily of two-bedroom and one-bathroom units between 750 and 800 square feet. It also features several one-bedroom and one-bathroom units that are 750 square feet.

The Glenwood Apartments is located near multiple retailers off of SE Powell Boulevard and SE Division Street. Major transportation arterials such as I-205 and Hwy 26 are minutes away from the property.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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