Sold!  5 Units in Portland, Oregon

Sold! 5 Units in Portland, Oregon

Friday we closed on a five unit deal on SE Division Street with the following statistics:

Price:  $325,900

Price per unit: $65,180

Cap rate:7.63%

Price per square foot: $79.83

Interiors of the 5 Unit

Interiors of the 5 Unit

The property featured long term tenants with off-street parking tucked back off the street.

The buyer was represented by Colin Russell of Macadam Forbes , and the seller was represented by Bernard Gehret and Michael Candianides of Joseph Bernard Investment Real Estate.   For more information on apartments available on the market, please see our site:  www.josephbernard.net

Interiors of sold 5 unit

Interiors of sold 5 unit