Sandy Fifty One

Click to Access the Confidentiality Agreement and Document Center

Sandy Fifty One is a brand-new apartment building in Portland, Oregon. The property was completed in 2022 and features studios and one- and two-bedroom apartments. Community amenities include a resident lounge, roof deck with barbeque and fire pit, bike parking, and package storage.

The property is located just outside of the Hollywood District and along Sandy Boulevard. The address is scored as both a Walker’s and Biker’s paradise. Hollywood offers numerous dining, shopping, and entertainment options just blocks away from Sandy Fifty One. Sandy Boulevard and nearby access to Interstate 85 make it easy to move around the metro area.

New construction
High-end finishes
Walker’s and Biker’s paradise
Near numerous dining, shopping, and entertainment venues
Views of Mt. Hood

Sandy Fifty One - Exterior

Sandy Fifty One - Parking Garage

Sandy Fifty One - Bicycle Storage

Sandy Fifty One - Rooftop Lounge

Sandy Fifty One - Interior

Sandy Fifty One - Balcony

HFO Investment Real Estate
Build Your Legacy
www.hfore.com
503.241.5541

Click to Access the Confidentiality Agreement and Document Center

Greg Frick

Greg@hfore.com

Confidentiality Agreement

Sandy Fifty One
2351 NE 51st Avenue, Portland, OR 97213

This will serve to confirm our understanding and agreement concerning certain material, data and information (herein "Evaluation Material") which you will make available to us in connection with a possible purchase by us of the Property. You are prepared to furnish us with the evaluation Material in connection with discussions and negotiations concerning a possible transaction involving the Property only on the conditions that we treat such Evaluation Material confidentially and confirm certain representations to you. Therefore, as a prerequisite to your furnishing to us the Evaluation Material, we hereby represent and agree as follows:

1) The Evaluation Material furnished to us will be used by us solely for evaluating a possible transaction exclusively forour own account, as principal in the transaction, and not as a broker or agent for any other person. Therefore, we agree to keep all Evaluation Material strictly confidential; provided however, that any of such Evaluation Material may be disclosed to our directors, officers or employees as well as our counsel, accounting firms and financial institution who need to know such information for the purpose of assisting us with our possible purchase of the Property. Such directors, officers, employees, lawyers, financial institutions and accountants shall be informed by us of the confidential nature of such information and shall be directed by us to treat such information with strict confidence. We will keep a record as to the exact location of all Evaluation Materials and all copies thereof. We will promptly, upon your request, deliver to you all Evaluation Material furnished to us, whether furnished before or after the date of this letter, without retaining copies thereof.

2) Although you have endeavored to include in the Evaluation Material information which you believe to be relevant for the purpose of helping us in our evaluation of the Property for possible purchase, we understand and acknowledge that neither the owner ("Owner") of the Property or HFO Investment Real Estate LLC ("HFO") make any representation or warranty to us as to the accuracy or completeness of the Evaluation Material. The financial information and projections contained in the Evaluation Material represent estimates based upon assumptions considered reasonable under the circumstances although they have not been independently verified by HFO. We acknowledge and agree that neither HFO nor Owner make any representation or warranty, express or implied, that actual results will conform to such projections. We agree that the Owner and HFO shall not have any liability to us as a result of our use or reliance on the Evaluation Material and it is understood that we are expected to perform such due diligence investigations and inspections of the Property as we deem necessary or desirable and as permitted by agreement with the Owner of the Property.

3) This agreement may not be changed, waived or terminated orally and shall be binding upon the parties and their successors or assigns. The term and conditions of this agreement shall remain in full force and effect for one (1) year from the date hereof.

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HFO Quote

Efficient and go-getters. Didn't wait for things to happen, they were active.

John P., Redmond, WA
True professionals with unparalleled degree of expertise in the Portland multifamily space.

Boyd W., Vancouver, WA
Since 2006, HFO has consistently been recognized by CoStar as one of Portland Metro's PowerBrokers based on transaction volume. In March of 2021, HFO once again earned this distinction for the 2020 calendar year.

CoStar Group
HFO doesn't lead sellers into unrealistic expectations of pricing. They are exceptional and advocate for both buyers and sellers' interest.

Doug R., Reno, NV
HFO is the best boutique real estate brokerage in Portland.

Max S., W. Hollywood, CA
Great experience over the years, and I will be using HFO in the future.

Joel M.
Greg is great. I'm very happy with him, and the whole HFO team.

Leslie M., Pacific Palisades, CA
Every time I had a problem Todd took care of it. The level of service at HFO is excellent.

Paul H., Lake Oswego, OR
My listing was in a smaller market and HFO did a great job of finding buyers. They also did an excellent job handling all the backroom financials and documents.

Lee S. Keizer, OR
I have done 5-6 deals with HFO, and things have gone so well. I use HFO exclusively.

Greg W., Vancouver, WA
We had a wonderful experience with HFO - excellent on everything. They are very responsive. Greg did a great job.

Leonard G., Portland, OR
There were many landmines in my transaction, and I am glad to have hired HFO because they handled it well. HFO is the only company my wife and I would recommend.

John E., Mesa, AZ
HFO does a great job on the web and email keeping owners posted on the whole political scene.

Richard R., Palm Desert, CA
I have brokers calling me all the time. Greg Frick is the only one I’ve talked with who left me feeling smarter after the conversation. I’ve become a loyal client of HFO.

John E., Portland, OR
Deep knowledge of the market and personal integrity of the brokers sets HFO apart for our family. As someone who spent 40 years in apartment brokerage, I believe HFO is far ahead of its nearest competitor.

Dean M., Fort Denaud, FL
My experience with HFO was very, very positive.

Lecia K., San Francisco, CA
I am such a fan of HFO. HFO is night and day better than the firm we used before and I am 100% loyal to them.

Sue C., San Jose, CA
We do a lot of transactions and sometimes when there is an issue a broker will tell us "it's not my problem." Lee got in there and really helped beyond what was necessary.

Matt K., Manhattan Beach, CA
For the eleventh year in a row, HFO Investment Real Estate is one of Portland's top philanthropic corporations. (2020)

The Portland Business Journal
I like that HFO focuses solely on multifamily and does it really well. I like the blog and appreciate HFO-TV. HFO has the experience and focus to get me the best multifamily deal. I wouldn't use anyone else.

Kenny G., West Linn, OR
HFO is professional, knowledgeable and honest. They get it done.

Michael K., San Francisco, CA
HFO is a very well run brokerage and goes above and beyond in providing information to investors. I really like their roundtables, market updates and podcasts.

Rachel S., Menlo Park, CA
I appreciated Adam’s responsiveness, experience, and knowledge.

Itzik S., Eugene, OR
HFO is thoroughly professional.

Phil O., Oregon City, OR
One of the best firms at seeing a deal from the owner's perspective.

Matt K., El Segundo, CA
Greg is great, friendly, interesting, timely in calls and checks in regularly. Honesty is #1 and Greg has that going for him.

John N., Portland, OR

Sandy Fifty One

OVERVIEW

HIGHLIGHTS

GALLERY

LOCATION

CONTACTS & DOCUMENTS

Confidentiality Agreement

HFO Quote

Efficient and go-getters. Didn't wait for things to happen, they were active.

True professionals with unparalleled degree of expertise in the Portland multifamily space.

Since 2006, HFO has consistently been recognized by CoStar as one of Portland Metro's PowerBrokers based on transaction volume. In March of 2021, HFO once again earned this distinction for the 2020 calendar year.

HFO doesn't lead sellers into unrealistic expectations of pricing. They are exceptional and advocate for both buyers and sellers' interest.

HFO is the best boutique real estate brokerage in Portland.

Great experience over the years, and I will be using HFO in the future.

Greg is great. I'm very happy with him, and the whole HFO team.

Every time I had a problem Todd took care of it. The level of service at HFO is excellent.

My listing was in a smaller market and HFO did a great job of finding buyers. They also did an excellent job handling all the backroom financials and documents.

I have done 5-6 deals with HFO, and things have gone so well. I use HFO exclusively.

We had a wonderful experience with HFO - excellent on everything. They are very responsive. Greg did a great job.

There were many landmines in my transaction, and I am glad to have hired HFO because they handled it well. HFO is the only company my wife and I would recommend.

HFO does a great job on the web and email keeping owners posted on the whole political scene.

I have brokers calling me all the time. Greg Frick is the only one I’ve talked with who left me feeling smarter after the conversation. I’ve become a loyal client of HFO.

Deep knowledge of the market and personal integrity of the brokers sets HFO apart for our family. As someone who spent 40 years in apartment brokerage, I believe HFO is far ahead of its nearest competitor.

My experience with HFO was very, very positive.

I am such a fan of HFO. HFO is night and day better than the firm we used before and I am 100% loyal to them.

We do a lot of transactions and sometimes when there is an issue a broker will tell us "it's not my problem." Lee got in there and really helped beyond what was necessary.

For the eleventh year in a row, HFO Investment Real Estate is one of Portland's top philanthropic corporations. (2020)

I like that HFO focuses solely on multifamily and does it really well. I like the blog and appreciate HFO-TV. HFO has the experience and focus to get me the best multifamily deal. I wouldn't use anyone else.

HFO is professional, knowledgeable and honest. They get it done.

HFO is a very well run brokerage and goes above and beyond in providing information to investors. I really like their roundtables, market updates and podcasts.

I appreciated Adam’s responsiveness, experience, and knowledge.

HFO is thoroughly professional.

One of the best firms at seeing a deal from the owner's perspective.

Greg is great, friendly, interesting, timely in calls and checks in regularly. Honesty is #1 and Greg has that going for him.