Friday, December 7, 2018

Sold! 89 Units in Aloha, Oregon

HFO is pleased to announce the sale of the Susan Marie Apartments. Susan Marie (1978) is a low-density garden-court apartment community. Its strong location near Aloha high school and the diverse unit mix made it an attractive investment opportunity.

Susan Marie was owned by the same owner/manager Susan Marie for more than 10 years. Although well maintained, the asset was purchased for its value-add opportunity. A portion of the units had been updated with washer/dryers. The new owner plans to upgrade unit interiors to market standards.