The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
Build Your Legacy with HFO, a member of GREA.
Thursday, June 13, 2019
Sold! 197 Units in Portland's Bethany Area
This 2002 asset was originally built as condos with oversized two-and three-bedroom floor plans. Amenities include private decks, a full-sized washer/dryer, gas fireplace, HVAC, and master bedrooms with vaulted ceilings. A road improvement project impeded rental income for over a year. HFO worked with potential buyers to highlight the assets' typical stabilized operations along with a long-term exit strategy.
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