Buying, selling and operating apartments in Portland
Portland Apartment Sales – Jan 20 | 28 February 2020
To download the individual sales report, right-click the link below and “Save As”:
<<<Portland_Jan20vsJan19_AptSales>>>
Highlights:
Gross $ Jan 20 YTD = $164M is a 124.2% INCREASE from Jan 19 YTD = $73M
$/unit Jan 20 YTD = $203K is a 11.0% INCREASE over Jan 19 YTD = $183K.
$/SqFt Jan 20 YTD = $218.28 is a 4.6% DECREASE over Jan 19 YTD = $228.84
* There was ONE large sale that accounted for 60% of total gross sales that did skew numbers.
We should have a 2014-2019 Portland Apartment Market History available by mid-March.
If you need any info about apartment sales in the Portland – METRO, we have sales data over the past 15 years +. Feel free to contact me – steve@smicre.com.
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
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Steve Morris - VP with IMG Northwest
Portland Apartment Sales
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