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The Highland

The Highland

The Property:
The Highland Apartments consist of 26 units at 555 West Agee Street plus a duplex situated on an adjacent lot. The Highland boasts spacious one-, two-, and three-bedroom floor plans with quality finishes.

Opportunities and Challenges:
The Highland Apartments’ comfortable units and location made it an especially attractive investment. HFO’s rents were projected based on the highest achieved leases at Highland Apartments which were 10% higher than in-place rents.

Results:
By reaching out to our extensive network of owners of multifamily assets in Oregon, HFO was able to import capital from a buyer for the HIghland who was looking for higher yields.

HFO Quote