The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Monday, January 5, 2009
Sold! 90 Unit Stonehenge Apartments SE Portland $4.4 million
HFO Investment Real Estate is pleased to announce that the 90-unit Stonehenge Apartments in SE Portland have sold for $4.4 million or approximately $48,889 per unit. The multifamily property occupies over 2.5 acres and features a clubhouse, basketball court and pool. The buyer was CIC Stonecreek LLC and the seller was Stonehenge / Milestone LLC. HFO commercial real estate brokers represented the parties.