Investment Overview

The Pacific Northwest Investment Sales Team of IPA has been retained as the Exclusive Listing Broker for the sale of Wimbledon Square & Gardens, a 599‑unit multifamily community situated on nearly 14.5 acres in the heart of Southeast Portland, less than 15 minutes from the city core.

This rare in‑city garden‑style asset spans two phases built in 1972 and 1974 and represents one of the largest contiguous multifamily sites within the Portland urban core. The community combines expansive open space, extensive amenity offerings, and benefits from a highly accessible, transit-oriented location near several of Portland’s hottest neighborhoods.

The offering of Wimbledon Square & Gardens represents a truly generational opportunity to acquire an asset of this size and density within Portland’s urban fabric, a submarket with zero new supply pipeline. The property and expansive amenity offerings are both primed for a luxury repositioning that stand to generate outsized returns for the next investor.

Urban Location Offering a 20-Minute Lifestyle

Situated between several of Portland’s most sought-after neighborhoods, residents enjoy immediate access to hundreds of restaurants, bars, retail, grocers, farmers markets, parks, and trails, creating a true 20-minute lifestyle.

Rare In-City Garden-Style Community

Encompassing nearly 14.5 acres, Wimbledon Square & Gardens sits on one of the largest multifamily sites within Portland’s urban core. The relatively lower-density community provides a unique draw for residents seeking space without sacrificing proximity to the city.

Exceptional Quality of Life & Access to Top-Rated Schools

Located adjacent to the Reed College campus, the property also benefits from proximity to D.A. Grout Elementary and Cleveland High School, rated 9/10 and 7/10 by GreatSchools.org. Neighboring Eastmoreland is considered one of the best neighborhoods to raise a family in Portland by Niche.com.

Transit-Oriented Location with Access to Major Employers

Multiple commuting routes connect the property to Downtown Portland, including the MAX Light Rail Orange Line, located within half a mile, providing direct access to the city’s largest employer, Oregon Health & Sciences University (OHSU).

Supply-Constrained Submarket with High Barrier-to-Entry

As of 2Q2026, there are no apartment developments with 50+ units under construction within Portland’s core neighborhoods. Additionally, surrounding low-density zoning restricts future large-scale development, reinforcing long-term supply constraints for the foreseeable future, creating a high barrier-to-entry.

Attractive Assumable Financing

An incoming investor has the opportunity to assume the existing Freddie Mac loans with a fixed rate of 4.35% with strong loan-to-value.