Monday, November 10, 2008

HFO Multifamily Brokers Announce Oregon Apartment Sales Totaling $3.87 Million in NE, SE Portland

HFO Investment Real Estate is pleased to announce the sale of the Rose Garden, Foxstar and Weathering Heights Apartment Buildings.

The 16-unit Rose Garden Apartments in NE Portland sold for $1.25 million or approximately $78,125 per unit. This multifamily property consists of 12 apartments plus 4 retail spaces along Sandy Boulevard. HFO Investment Real Estate represented the parties in the transaction.

The 20-unit Foxstar Apartments located in SE Portland sold for $1.4 million or $70,000 per unit. HFO Investment Real Estate brokers represented the seller.

The 16-unit Weathering Heights complex in SE Portland sold for $1.225 million or $76,563 per unit. HFO Investment Real Estate brokered the transaction for the parties.