Buying, selling and operating apartments in Portland

Portland Apartment Sales – Jan 21 | 26 February 2021

 

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

 

<<<Portland_Jan21vsJan20_AptSales>>>

 

Highlights:

• Gross $ Jan 21 YTD = $295M is a 71.3% INCREASE from Jan 20 YTD = $172M

• $/unit Jan 21 YTD = $225.2K is a 20.0% INCREASE over Jan 20 YTD = $188.0K.

• $/SqFt Jan 21 YTD = $249.66 is a 3.0% INCREASE over Jan 20 YTD = $242.43

 

The 2015-2020 Portland Apartment Market History should be available mid-March, so be aware.  I’ll send an eMail when posted.

 

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.

 

 

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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