Portland Apartment Sales – April 19 | 31 May 2019

To download the individual sales report, right-click the link below and “Save As”:

<<<Portland_Apr19vsApr18_AptSales>>>

Highlights:

• Gross sales dollars April 19 YTD = $431.4M is a 25% DECREASE over April 18 YTD = $575M
• $/unit April 19 YTD = $171K is a 4% DECREASE over April 18 YTD = $177K.
• $/SqFt April 19 YTD = $198.01 is a 10% DECREASE over April 18 YTD = $220.69
• CapRate April 19 YTD = 5.48% is a 4.6% INCREASE over April 18 YTD = 5.24%

The 2013-2018 Portland Apartment Market History is available on the WEBsite at:

https://portlandapartmentsales.com/2019/04/11/portland-apartment-market-2013-2018-annual-report/

– Free financial analysis of your property, eMail/call me for a SAMPLE report.  It will be helpful if you’re making decisions about futures or operations and includes I&E comparison to neighboring properties along with recent sales and rent comparables.

Steve Morris | Principal Broker
SMI Commercial Real Estate
Phone: 503.970.4593 
steve@smicre.com | www.smicre.com
OR License # 200202054 | WA License # 24512