Wednesday, August 5, 2015

Sold! Portfolio of Two 47-Unit Lake Oswego Apartment Communities- $16.6 Million

HFO is pleased to announce the sale of The Oswegan, and Uptown at Lake Oswego.

In this case, HFO had recently completed a 1031 exchange sale in another Portland asset for an investor client looking to trade into a replacement property.

Through strategic collaboration, HFO's team was able to identify this portfolio of well-located, fully rehabilitated Lake Oswego properties and negotiate a transaction that satisfied the needs of both buyer and seller.

The Uptown at Lake Oswego and The Oswegan each consist of 47 apartments. The properties sold for a combined price of  $16.6 million.

HFO represented all parties to the transactions.

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