The latest news of interest to multifamily housing investors in Oregon and Washington.
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Tuesday, January 22, 2013
HFO Sells 192-Unit Multi-Family Investment Property for $19.65 Million
HFO Investment Real Estate (HFO) is pleased to announce the recent sale of the 192-unit Avalon Park Apartments in Tigard for $19.65 million. Avalon Park was considered an “Add Value” investment in the strong Westside suburban Portland metro submarket. This low-density, garden-style asset boasted a fully renovated clubhouse in addition to its own private 8-acre riverfront park. Click here to read the full release.