HFO apartment brokers announce multifamily apartment sales totaling $1.79 million in NW Portland and Vancouver, WA
Portland, OR – HFO Investment Real Estate has arranged the sale of the 19-unit Teasdale Apartments in NW Portland for $1.275 million or $67,105 per unit. Constructed in 1910 the Teasdale consists of six 1-bed 1-bath units and 13 studio apartments. The buyer obtained a conventional loan to finance the purchase and planned upgrades at the property. HFO Investment Real Estate brokers represented the parties.
An 8-plex in Vancouver Washington also sold for $515,000 or $64,275 per unit. Constructed in 1972, the apartment complex has many recent upgrades including a newer roof, windows, appliances, and floor covering. HFO Investment Real Estate brokers represented the seller.
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