[1] The four-story brick building includes studio apartments with kitchens, a student coffee shop, and laundry facilities.

King Albert Apartments opened in February 1918, on the southwest corner of 11th and Montgomery.

Owner Herbert Gordon, a real estate developer and member of the Oregon House of Representatives, sold the property soon after completion to A.C. Ruby, a breeder of thoroughbred horses.

Advertisements emphasized "strictly modern" units with hardwood floors, tile baths, dressing rooms, and elevator access.

Reed, a breeder of thoroughbred horses, acquired the King Albert Apartments in exchange for the Davenport Farm in Silverton, Oregon.