Thursday, July 12, 2018

Sold! 41 Units in Beaverton, Oregon

Menlo Square was owned by a long term investor and sold with a sister property—Center Square—that shared management. The asset featured large townhomes with air conditioning and vaulted ceilings, an unusual floor plan in the area.

The property was managed for occupancy rather than cash flow, and rents trailed the market. HFO Investment Real Estate positioned the property as a value-add opportunity and worked with a number of interested parties selected due to their value-add experience. For additional information about this recent sale call an HFO broker at (503) 241-5541.

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