by Bernard Gehret | Nov 10, 2020
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 3.3%. Of the 6 local suburbs for which we have data, every single one of them is...
by Bernard Gehret | Nov 2, 2020
The number one mistake I see apartment owners make is they fall into the trap of thinking (or assuming) that their property manager is their asset manager. Typically, smaller properties (sub 100 units) do not have a person hired specifically to be the “asset...
by Bernard Gehret | Feb 5, 2020
FOR SALE: The eight unit multi-family building is located at 845 NW Gerth Avenue, Salem, Oregon, being offered at $880,000. This eight-unit listing features a mix of four, one-bedroom units, and four, two-bedroom units located in a fantastic West Salem location,...
by Bernard Gehret | Feb 4, 2020
FOR SALE: The Goodrick-Spencer Apartments and the Scruggs Townhomes are being offered as one, 75 unit property for sale, located at 608 NE 87th Avenue, the listing price is $14,500,000. The 52-unit Scruggs Townhomes and 23-unit Goodrick-Spencer Apartments occupy...
by Bernard Gehret | Jan 22, 2019
Portland Apartments Sold for $1,125,000 SOLD! The five unit multi-family property located at 519 SE 20th sold for $1,125,000. The five unit apartment complex featured two buildings and off-street parking PROPERTY HIGHLIGHTS: -Two-bedroom, one bath units -Fantastic,...