SOLD: The Hall Street Apartments, a 26 unit complex located in Beaverton, Oregon sold for $4,300,000. From the property flyer: The Hall Street Court Apartments is located in central Beaverton,…
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I recently delivered a webinar for Metrofamily NW titled: “The Top 10 Ways To Maximize Your Apartment NOI in 2021”, and in this changing market, the “tricks of the trade”…
TOP TREND #4: Migration Patterns Away From Urban Core I am seeing 3 major migration patterns due to COVID: #1: Covid tended to get people to move from urban to…
In my brokerage practice, the primary value I want to provide for my clients is providing high quality representation (and all that representation entails, which in my opinion is dramatically…
Apartmentlist.com released their monthly report, here is the summary: Since January, rents in the city of Portland are down 4.1% while rents in nearby suburban areas are, on average, up…
These are strange days indeed! I speak to investors daily, and the main question they are asking is “What is really going on out there in the apartment market?”…
FOR SALE: The twelve unit Lindsey Park Apartments is offered for sale at $2,500,000. This twelve unit listing features a mix of two bedroom one and half bath units, three…
SOLD: The fourteen unit mixed use (two commercial spaces, and twelve apartment units) building, “The Broadway Apartments”, located at 2007 NE Broadway Street, Portland, Oregon sold for $2,492,500. PROPERTY FEATURES:…
The La Crescenta Apartments Sold in Milwaukie, OregonSOLD: The 19 unit La Crescenta Apartments sold in Milwaukie, Oregon for $1,850,000. The property was owned by one ownership group since 1989,...
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Beaverton, Oregon: The St. Mary’s Crossing Apartments sold for $3,400,000, the property featured 29 units, with a large lot, extensive parking, and historically low vacancy rate. The St. Mary’s Crossing…
*SPECIAL EDITION APARTMENT INVESTOR SERIES* OREGON RENT CONTROL: HOW TO NAVIGATE BUYING, SELLING, AND OPERATING APARTMENTS WITH NEW RENT CONTROL LAWS Oregon became the first state in the country to…
This video is a quick snapshot of the Portland, Oregon apartment market in 2018 with the largest sale of the year and the transaction statistics, the market was busy!
RESIDENTIAL PRICES ARE ADJUSTING IN PORTLAND, OREGON Even though I focus on multifamily brokerage, I subscribe to the RMLS advertisement feed for brokers marketing residential properties in Oregon. Sometimes, (but…
The Rental Housing Alliance of Oregon is a resource for Oregon Landlords, and their website states: “RHA Oregon Advocacy- Supporting Oregon Landlords Since 1927” Also: “RHA Oregon has been the…
Deborah Imse, Executive Director at Metrofamily NW (MFNW) in Portland, issued this note calling for a “Thank you” to the Portland City Council for delaying the rental screening vote. Here…
https://www.youtube.com/watch?v=XUGK3PzBYUg
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From the April, 2019 issue of “Units” magazine, the top 10 cities where studio rent increased and decreased the most, Portland is #10. I suspect the article has a confusing…
The Walnut Grove Apartments, located at 3803 NE 152nd Avenue, sold in March, 2019 for $4,000,000. The property consists of 32 units with a mix of one, two and three…
Investors in the market are very curious to see the ramifications of rent control in Oregon, and buyers are appearing at this point to not be dissuaded from pursuing multi-family…
The Meadowbrook Apartments, a 48 unit complex located in McMinnville, sold for $4,800,000. The well operated property featured a mix of one and two bedroom units, a quiet rolling hillside…
New listing: 8 Units, located at 1406 SE 27th Avenue in Portland, Oregon is offered for sale at $2,139,000. For more information, call Bernard Gehret at Joseph Bernard Investment Real…
What Really Happened in 2018 in the HOT HOT HOT! Apartment Market? 2018 featured a tremendously overheated market, there were very fewproperties for sale, and many more buyers searching for the…
SOLD! The five unit multi-family property located at 519 SE 20th sold for $1,125,000. PROPERTY HIGHLIGHTS: -Two-bedroom, one bath units -Fantastic, close-in SE Stark and 20th Avenue location -Off-street parking…
Recently sold: 8 units located at 2354 NW Glisan Street, Portland, Oregon for $1,300,000. The property features a fantastic NW Alphabet District location, one half block from NW 23rd. TRANSACTION…
Portland, Oregon: Sold! The Emma Manor Apartments located at 7934 SW Barbur Blvd, Portland, Oregon recently sold for $1,475,000. The well located property is just a few minutes from downtown,…
SOLD! Ten units sold for $1,100,000, the property is located at 141 Hrubetz Rd. SE, Salem, Oregon. The well maintained property featured a laundry room, large two bedroom units,…
SOLD! 22 units, Vancouver, Washington, the Greystone Apartments sold for $2,450,000. The property consists of one and two bedroom units, and was renovated and well maintained by the…
October, 2018: The Courtyard at Park Place, 2755 NE Hogan Drive, Gresham, Oregon sold for $1,675,000. The thirteen unit apartment complex featured a mix of one studio, one-bedrooms, two-bedrooms, and…
SOLD! The beautiful, modern “Airbnb House” sold for $1,100,000. The sellers utilized the commercially zoned (CM3) property as an Airbnb investment property. The property was remodeled, updated and upgraded and…
NEW LISTING: 8 units for sale, 2354 NW Glisan, $1,400,000 Located in the heart of Portland’s NW Alphabet District, this charming eight unit building in on the market for the…
SOLD! Gresham, Oregon: Seven units sold for $875,000 in Gresham, Oregon, the property features two buildings, a three unit flat building, and a four-unit, two-story building on the same tax…
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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…
We recently sold the vintage four-plex in an outstanding Alberta Arts location for $880,000. The property was METICULOUSLY maintained by caring owners, and had many positive features, including: -Hardwood floors…
In this video, “12 Reasons Why Sellers Are Selling in 2017/18, Part II” I discuss what I am seeing on more reasons why sellers sold their apartment buildings in Oregon…
For Sale in Portland, Oregon: Beautiful vintage sixteen unit on the corner of NE Alberta Street and NE Cleveland Avenue in northeast Portland just off the Alberta Street exit on…
Located on a quiet street South of SE Stark in Gresham, this 7 unit property features large two and three bedroom, one and one half bath units with ample…
FOR SALE: 6 Multi-family units built in 2015 is listed for $1,200,000. Property Summary Beautiful 2015 year built just North of the W. Lombard exit off the I-5 freeway. 6.20%…
ESTACADA, Oregon: We are pleased to announce the sale of the 24 unit apartment property in Estacada, Oregon. The property sold for $2,550,000. The property is a well-built, 1996 construction…
PORTLAND, Oregon: Eight units sold in the Sellwood neighborhood for a WHOPPING $2,150,000! If you ever wondered if Portland is an overheated market, wonder no more because this sale is…
VANCOUVER, Washington: Joseph Bernard Investment Real Estate recently sold the Bryant Village Apartments, 22 units located east of I5 in the central area of Vancouver, Washington. The multifamily property featured…
PORTLAND, Oregon: Recently this summer, we sold 75 units for Multnomah University, the property consisted of two buildings: a fifty two unit and twenty three unit apartments. The sale price…
GLADSTONE, Oregon: The eight unit “rehab” multifamily property sold this fall with a price of $750,000. While the price of the property sold for below the market average in secondary…
PORTLAND, Oregon: Recently sold for $1,250,000, this twelve unit multifamily building located on SE 119th and SE Powell featured twelve townhouse units with one and a half baths. The property…
Bernard Gehret of Joseph Bernard Investment Real Estate discusses the Salem, Oregon Apartment Market. Values dramatically increased, with more out of town investors than ever. For more information on…
Bernard Gehret of Joseph Bernard Investment Real Estate discusses the 2016 Portland apartment market, this video highlights trends in the Portland apartment market. He highlights tips for buyers, sellers and…
Bernard Gehret of Joseph Bernard Investment Real Estate speaks about the 2016 Apartment sales market for Portland, Oregon. He discusses cap rates, price per unit, price per square feet and…
The 52 unit Scruggs Townhomes represents a great opportunity to create a “value add” deal at a 7%+ cap rate without having to complete deferred maintenance. FOR SALE; The Scruggs…
Here is the information on my upcoming seminar, the “2016 Portland/Salem Apartment Market Year in Review” Your host… Bernard Gehret… Bernard Gehret is a commercial, multi-family, real estate broker who…
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 “L Rancho” Apartments sold in October for $1,900,000, the property consisted of 37 units. The property is well operated, featuring metal roofing, parking, and charming, unique living spaces….
NEW LISTING: 8 Units, Close-In Portland, Oregon: $2,300,000. Turnkey, well operated property in a fantastic Sellwood/W.Moreland location. Fully remodeled, condo level finishes, two bedroom, one and a half…
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 successful investors are…
SOLD! 18 units sold in North Portland, the property will be upgraded post closing and the new buyer will be dramatically increasing the quality of living space for the…
Gresham, Oregon: SOLD! 10 units, $1,120,000. The Cleveland Colonial Apartments were built in 1969, and have only had two owners since until the recent sale. Bernard Gehret represented…
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…
September, 2015: The nine unit “value add” deal sold for $887,500, located at 2150 NE 80th Avenue in Portland, Oregon. The single story buildings were located on two tax…
Recently, two of my new listings had multiple offers within days of being listed, which typically is a sig make money online surveys n that the real estate market for…
I am leading the seminar at the Metrofamily NW Office , “How to Maximize Your Apartment Income” which focuses on collating the tips from experts in the field in an…
skin care products p> I am leading the seminar this Thursday, see below for details and feel free to sign up if you are an apartment owner at 503-546-9390. From…
This week, I received multiple offers on a listing located at 2126 E. Burnside. The vintage close-in four plex is in good condition in a great location, and we received…
More top trends in Portland, Oregon multifamily trends are decreased vacancy, increased rents, and buyer's location, with buyers of apartments primarily originating from Oregon. As you can see from the…
In our recent Joseph Bernard Investor Series 2013 Apartment Report, we highlighted cialis buy a few valuation points in comparing 2012 and 2011. The table below outlines how valuations in…
p> Hooray! Lenders are back lending, especially for multi-family transactions in the Portland, Oregon metro area. Here are the top four trends we saw in 2012 and most likely will…
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…
The first paragraph of this article says it all: The apartment market looks to the end of the year on an uptick after annual effective rent growth improved from 3.60%…
We just listed this 8 unit apartment building in Salem, Oregon, the seller has completed a number of upgrades to the property and it is in great shape. The…
This article, written for Reuters, seems to illustrate what is occurring in the Portland, Oregon market with rents increasing in the core and also for well maintained properties. The question…
Here is another article in a series of news nationally that the multi-family sector is really crushing it. I was surprised to read “owners are welcoming move outs” in order…
Strong Demand, Tight Supply Strengthen Case for New Apartment Development Great article on development needs in the U.S., we are starting to see more demand in Portland as well. A…
