Sold! 11 Units in Outer SE Portland
This
11-unit building was constructed in 2003. The seller reached out to HFO through
its national advertising platform. The HFO team found that rents were
significantly below market which meant any buyer would need to make a large
down payment due to the low rents. Despite that fact, HFO began marketing the
property in mid-July, immediately generating multiple offers. The property sold
for $1.25 million.
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