Tuesday, November 27, 2018

Sold! 25 Units in North Portland, Oregon

HFO is pleased to announce the sale of the Metropolitan North Apartments. This asset features an attractive unit mix with a strong north Portland location. Metropolitan North was extensively renovated prior to sale with a complete envelope replacement. The historical operations challenged many investors with its high vacancy and expenses resulting from the renovations. HFO positioned the property as an exceptional opportunity to purchase a newly renovated asset with additional management upside.