Buying, selling and operating apartments in Portland
Portland Apartment Sales – Dec 19
Leave a Comment
To download the individual sales report, right-click the link below and “Save As”:
<<<Portland_Dec19vsDec18_AptSales>>>
Highlights:
Gross $ Dec 19 YTD = $2281M is a 9.8% DECREASE from Dec 18 YTD = $2529M
$/unit Dec 19 YTD = $183K is a 3.3% DECREASE over Dec 18 YTD = $190K.
$/SqFt Dec 19 YTD = $207.92 is a 7.0% DECREASE over Dec 18 YTD = $223.46
We should have a 2014-2019 Portland Apartment Market History available by late-February.
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
Portland Apartment Sales – Nov 19
Leave a Comment
To download the individual sales report, right-click the link below and “Save As”:
<<<Portland_Nov19vsNov18_AptSales>>>
Highlights:
Gross $ Nov 19 YTD = $2020M is a 10.0% DECREASE from Nov 18 YTD = $2245M
$/unit Nov 19 YTD = $184K is a 3.0% DECREASE over Nov 18 YTD = $190K.
$/SqFt Nov 19 YTD = $208.76 is a 7.8% DECREASE over Nov 18 YTD = $226.48
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.
We should have a 2014-2019 Portland Apartment Market History available by late-February.
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
Portland Apartment Sales – Oct 19
Leave a Comment
To download the individual sales report, right-click the link below and “Save As”:
<<<Portland_Oct19vsOct18_AptSales>>>
Highlights:
-
Gross sales dollars Oct 19 YTD = $1878M is a 8% DECREASE over Oct 18 YTD = $2043M
-
$/unit Oct 19 YTD = $183K is a 3.9% DECREASE over Oct 18 YTD = $190K.
-
$/SqFt Oct 19 YTD = $206.31 is a 8.7% DECREASE over Oct 18 YTD = $225.91
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
Portland Apartment Sales – Sept 19
Leave a Comment
To download the individual sales report, right-click the link below and “Save As”:
<<<Portland_Sep19vsSep18_AptSales.>>>
Highlights:
- Gross sales dollars Sept 19 YTD = $1791M is a 18% INCREASE over Sept 18 YTD = $1518M
- $/unit Sept 19 YTD = $180K is a 5.0% DECREASE over Sept 18 YTD = $190K.
- $/SqFt Sept 19 YTD = $204.83 is a 9.3% DECREASE over Sept 18 YTD = $225.82
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
Portland Apartment Sales – Aug 19
Leave a Comment
To download the individual sales report, right-click the link below and “Save As”:
<<<Portland_Aug19vsAug18_AptSales>>>
Highlights:
- Gross sales dollars August 19 YTD = $1671M is a 23% INCREASE over August 18 YTD = $1360M
- $/unit August 19 YTD = $181K is a 4.3% DECREASE over August 18 YTD = $190K.
- $/SqFt August 19 YTD = $207.68 is a 6.1% DECREASE over August 18 YTD = $221.16
- CapRate August 19 YTD = 5.45% is a 2.7% INCREASE over August 18 YTD = 5.31%
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
Portland Apartment Sales – July 19
Leave a Comment
To download the individual sales report, right-click the link below and “Save As”:
<<<Portland_Jul19vsJul18_AptSales>>>
Highlights:
- Gross sales dollars July 19 YTD = $914.9M is a 16% DECREASE over July 18 YTD = $1089.2M
- $/unit July 19 YTD = $176K is a 5.9% DECREASE over July 18 YTD = $187K.
- $/SqFt July 19 YTD = $203.27 is a 7.8% DECREASE over July 18 YTD = $220.53
- CapRate July 19 YTD = 5.51% is a 3.5% INCREASE over July 18 YTD = 5.32%
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
Portland Apartment Sales – June 19
Leave a Comment
To download the individual sales report, right-click the link below and “Save As”:
<<<Portland_Jun19vsJun18_AptSales>>>
Highlights:
- Gross sales dollars June 19 YTD = $790.8M is a 13.6% DECREASE over June 18 YTD = $796.8M
- $/unit June 19 YTD = $176K is a 5.2% DECREASE over June 18 YTD = $186K.
- $/SqFt June 19 YTD = $202.34 is a 9.7% DECREASE over June 18 YTD = $224.08
- CapRate June 19 YTD = 5.52% is a 3.4% INCREASE over June 18 YTD = 5.34%
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
Tenant Engagement Considerations
Leave a Comment
A local attorney, Jeffrey Bennett of Warren Allen, has 20+ years of experience in dealing with tenant and landlord issues in Portland.
He’s written a very useful article on the subject you can download at the link below (right-click to save):
<<<Winning Court Strategies_Jun19>>>
Whether you’re an owner or manager this article is very useful. Jeff goes over basics like:
-
Forms and the need to keep current
-
Delivery options and timelines
-
30-/90-day notices
-
Filling in forms correctly
-
For cause notices
-
Charges, late and partial payments
-
Preventing mistakes and giving yourself the best case
-
Deposits, charges and dealing with tenant requests
I assure you it’ll be the best (not being over-dramatic) 30 minutes of your time invested in your apartments.
The environment for landlords was difficult and new rules don’t make it easier. Being knowledgeable is a minimum requirement for successful landlords today.
Portland Apartment Sales – May 19
Leave a Comment
To download the individual sales report, right-click the link below and “Save As”:
<<<Portland_May19vsMay18_AptSales>>>
Highlights:
- Gross sales dollars May 19 YTD = $653.7M is a 13.6% INCREASE over May 18 YTD = $575M
- $/unit May 19 YTD = $177K is a 0.3% DECREASE over May 18 YTD = $177K.
- $/SqFt May 19 YTD = $203.91 is a 17.6% DECREASE over May 18 YTD = $220.69
- CapRate May 19 YTD = 5.47% is a 13.6% INCREASE over May 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
Portland Apartment Sales – April 19
Leave a Comment
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
Steve Morris - VP with IMG Northwest
Portland Apartment SalesCategories
Pages
- $/sqft
$/Sqft. CapRate
$/unit
401k
2006
2010
agency
Apartment Buying
assumable
bank
broker
buying
Capital Gains
Capitalization Rate
CapRate
cash flow
cash flow before taxes
Cash on Cash
CFBT
Clackamas
Clark
comparables
contingency
DCR
debt coverage ratio
defeasance
diversity
expenses
financials
Financing Commercial Property
fund
GRM
Gross Rent Multiplier
History
Improvements
Income
intangibles
Internal Rate of Return
invest
investment
IRA
IRR
Law
location
lockout
Marion
market knowledge
mortgage broker
Multnomah
Net Operating Income
NOI
note
operations
physical condition
portland
pre-pay
pre-tax
price
profit
pro forma
promissory
rates
records
recourse
rents
repairs
sales
self-directed
selling
Taxes
title
title report
transactions
Washington
yield maintenance
Buying, selling and operating apartments in Portland 