Exclusive Listings Sold: Two North Portland Apartment Buildings

Exclusive Listings Sold: Two North Portland Apartment Buildings

HFO represented the parties in the $1.45 million sale of Bristol Court, a 20-unit property built in 1963 adjacent to 90-acre Pier Park in St. Johns.  This unique property features one-story units with full size washers & dryers with white picket-fenced front yards and private backyards.  The property had some physical challenges which HFO worked through with the buyer.

HFO’s exclusive listing the Louis York sold for $3.83 million.  This 47-unit property was built in 2011.  The Louis York is a new, energy-efficient building just two blocks from downtown St. Johns.  Louis York presented the unique challenge of being one of the first market-rate apartments in the St Johns neighborhood. HFO’s marketing of the property highlighted its unique qualities. The HFO team successfully uncovered a buyer familiar with the location’s unique obstacles.

HFO Investment Real Estate specializes in multifamily brokerage sales and advisory services for commercial real estate investors and apartment owners throughout Oregon and Washington. Build your legacy at http://www.hfore.com