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…
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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…
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,…
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….
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…
A few years ago, buyers were making offers that belied the fundamentals of investing, and were overpaying for multifamily properties. In 2012 however, the buyers out there are more conservative…
