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Westview Terrace is a 26-unit community in Portland, Oregon. The property offers an ideal unit mix of one- and two-bedrooms. The asset was marketed before the onset of the COVID-19 pandemic but went under contract during the ensuing shutdown. HFO demonstrated to potential buyers the upward opportunity for rents and leveraged our market force to generate multiple offers. HFO found a buyer who understood the upside potential of the asset and could handle existing below-market rents and limited historical operations.
See all our current listings at https://www.hfore.com.
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