Sold! 56 Units Near Portland State University

The Westfal's downtown Portland location adjacent to MAX light rail and its proximit to PSU made it an attractive acquisition. Some units had minor updates but the building required significant upgrades, which were factored into the purchase price.

HFO focused its marketing efforts on locating a buyer familiar with bricker buildings seeking to acquire a critical mass of units in downtown Portland. The building was sold to a value-add syndicate based in Colorado.

Although built in 1910, The Westfal is not unreinforced masonry construction