SOLD: 1901-1909 N. Killingsworth Street, Portland, Oregon The mixed use retail that contains two businesses and an apartment sold for $875,000. PROPERTY INFORMATION: 1909 Year built Zoned: CS “Storefront…
SALES STRONG IN 2016 In my 2016 Portland Apartment Market Year in Review, I discussed the sales transactions for the year. As you can see in the chart above, sales…
Part III: I just recently concluded the Joseph Bernard Investment Real Estate’s “Apartment Investor Series” annual buyer’s seminar: “Finding a Deal in an Over-heated Market”, which focused on what…
SOLD! 26 Multifamily units, Silverton, Oregon: $1,800,000. The 26 units consisted of three separate, and adjacent properties: The Laurelwood, The Milford, and The Hillview Apartments. Overall, the property…
The Powell Terrace Apartments sold for $3,300,000. Like many properties we have seen listed in 2016, there were multiple offers (three) at full price. The 2003 built property was well…
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 The…
I really like the Cedar Breaks apartments, located just off SE Cesar Chavez Blvd, the property features quiet living units with off-street parking. The seller turned over the units and…
ANOTHER SOLD! We just closed on the Brooktree just in time to ring in the new year. The 44 unit complex sold for $2,050,000 to a local buyer, the property…
This article was written by Jerry Ascierto for the Semptember 2011 issue of Multifamily Executive Magazine, and re-posted at the Joseph Bernard Investment Real Estate website. There is no surprise…
Joseph Chaplik and Phillip Barry completed the sale of the King’s 5 Apartments in West Linn, Oregon. Click on the Joseph Bernard website for more details. The property was well…
We just closed on a 9 unit transaction in Southeast Portland. Phillip Barry represented the buyer and I represented the sellers. The sellers of the well maintained Lamplighter Apartments owned…