Buying, selling and operating apartments in Portland

Individual Portland Apartment Sales >$450K – December 2013 | 3 February 2014

<<<Dec13 vs Dec12 Sales>>>

RIGHT-CLICK ABOVE LINK (and SAVE LINK AS) TO DOWNLOAD THE DETAILED REPORT

Attached is a list of individual Portland-area sales of apartment complexes greater than $450,000 in Dec 2013.  Included are $/unit, $/sqft , unit count, year built and Cap Rate (as reported) and a comparison to Dec 2012 averages.

Dec 2013 (vs. Dec 12) shows a burst of transactions targeted at end of year. However, in terms of gross dollar sales, we project 2013 to be the second highest year ever (2011 is the record so far) in the four county area.

We’ll be posting a five-year (2008-2013) history in a couple of weeks, so watch your eMail or this WEBsite.

If you’d like more information on:

– Details/background on individual sales in the report, or

– a Free copy of our 80-page book – Buying, Selling and Operating Apartments Using Financial Analysis

Please contact me:

Steve Morris – Senior Advisor Multi-Units
Sperry Van Ness – Bluestone & Hockley
steve.morris@svn.com  / (503) 970-4593