Thursday, May 16, 2019

Sold! 48 Units in NE Portland

This 48 unit property built in 2005 consists of units with private decks or patios overlooking green spaces between each building. The apartments include a full-size washer/dryer and gas fireplace with vaulted ceilings in the upper units. Siding and all decks were replaced prior to sale.

Historical operations were impacted by a broken water main. HFo worked to help investors understand the challenging historical operations and appreciate the asset's upside opportunity.

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