The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Friday, March 2, 2018
Sold! Taylor Place - 30 Units in Astoria
Taylor Place is a 30-unit apartment complex in downtown Astoria. The property had been extensively upgraded in recent years. HFO approached a Portland-based client with the opportunity and received an offer well above any market comparable. Taylor Place closed at $2,200,000, significantly higher than market average. The buyers plan to continue making strategic improvements to the property to capitalize on Astoria’s popularity and future growth.