Sold! Portfolio of Two 47-Unit Lake Oswego Apartment Communities- $16.6 Million
HFO is pleased to announce the sale of The Oswegan, and Uptown at Lake Oswego.
In this case, HFO had recently completed a 1031 exchange sale in another Portland asset for an investor client looking to trade into a replacement property.
Through strategic collaboration, HFO’s team was able to identify this portfolio of well-located, fully rehabilitated Lake Oswego properties and negotiate a transaction that satisfied the needs of both buyer and seller.
The Uptown at Lake Oswego and The Oswegan each consist of 47 apartments. The properties sold for a combined price of $16.6 million.
HFO represented all parties to the transactions.
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