Buying, selling and operating apartments in Portland

Portland Apartment Sales – April 22 | 26 May 2022

 

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

<<<Portland_Apr22vsApr21_AptSales.>>>

 

Highlights:

• Gross Sales $ Apr 22 YTD = $779.8M is a 21.5% INCREASE from Apr 21 YTD = $641.8M

• $/unit Apr 22 YTD = $230.4K is a 18.4% INCREASE from Apr 21 YTD = $194.6K.

• $/SqFt Apr 22 YTD = $284.22 is a 27.0% INCREASE from Apr 21 YTD = $223.79

We rebounded thanks to ONE very large portfolio sale of senior housing in Vancouver, which accounted for $225M (71%) of the $317M April total.

The 2016-2021 Portland Apartment Market History is available on the WEBsite here:

  <<<https://portlandapartmentsales.com/2022/04/07/portland-apartment-sales-history-2016-2021/>>&gt;

 

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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