Cannery Row

Located in the thriving community of Sherwood, Oregon — just 16 miles from downtown Portland — Cannery Row was acquired by SR Watt Company in mid-2022 as part of its strategic value-add investment approach. Recognizing the property’s untapped potential, SR Watt implemented a comprehensive renovation plan designed to elevate both the living experience and long-term asset value.

The value-add strategy focuses on a phased upgrade of resident units as they become available, introducing modern enhancements such as air conditioning, premium flooring, and refreshed kitchens and bathrooms. These thoughtful interior improvements not only modernize the living spaces but also position the property competitively within the market.

Beyond unit upgrades, SR Watt has made significant community-focused investments aimed at enhancing the overall resident experience. Improvements include the addition of a secluded BBQ area for social gatherings, as well as upgrades to the gym and community room—creating inviting spaces that foster connection and well-being.

Through its hands-on investment approach and commitment to strategic property enhancements, SR Watt is transforming Cannery Row into a sought-after residential destination while delivering strong, sustainable returns for investors. This project exemplifies SR Watt’s expertise in unlocking value through targeted improvements, reinforcing its reputation as a leader in value-driven real estate investment.