by Bernard Gehret | Nov 12, 2019
SOLD: The five unit apartment building located at 9105 NE Hoyt Street, Portland, Oregon, sold for $630,000. PROPERTY FEATURES: The five unit building featured four, one-bedroom units, and one, two-bedroom unit. The entire building envelope was upgraded in...
by Bernard Gehret | Oct 2, 2018
SOLD! The Broadway apartments sold on October 1, 2018 for $2,350,000. The mixed-use property consists of twelve apartments with two retail spaces, including the popular Saint Simon Coffee Co. coffee shop. TRANSACTION SUMMARY: Price: $2,350,000 Price per unit:...
by Bernard Gehret | Mar 3, 2016
SOLD! March, 2016, the Brentwood Apartments sold for $1,032,500. The property features two bedroom town-homes tucked back in a quiet residential neighborhood. Washer and dryer hookups are in each unit. Current rents at the time of sale were $670 for...
by Bernard Gehret | Feb 5, 2016
February, 2016: The Rancho Real, a 16 unit, one bedroom complex was sold by Bernard Gehret of Joseph Bernard Investment Real Estate for $1,060,000. Sale Data Summary: Price: $1,060,000 Estimated Cap Rate: 7.5% Price per square foot: $87 The property...
by Bernard Gehret | Feb 15, 2012
Here is yet another example of how the multi-family sector is leading the charge for commercial real estate, allowing housing to “contribute to growth for the first time in seven years.” At our firm, developers are continuously asking us for leads on land...
