Elmore apartments North Portland IMG Northwest

SOLD August 2017
12 units, North Portland

SALE PRICE: $2,675,000
PRICE/SF: $268
PRICE/UNIT: $222,916

IMG Northwest represented the Seller in the sale of The Elmore, a newly constructed and delivered for lease-up in October 2016 by CityCraft Development. The Elmore is an attractive, high-end, condo-quality asset with first class finishes. With a unit mix designed to meet the needs of the surrounding demographics, The Elmore is a welcome addition to the Kenton neighborhood.

The property is five miles from Portland’s Central Business District and a 5-minute walk to Tri-Met’s North Lombard Transit Center. Tenants enjoy access to abundant employment, local retail and restaurants and world-class public transportation.

As in the sale of Elmore, IMG Northwest specializes in Brokerage Services including Underwriting & Valuation, Marketing, Portfolio Analysis, and Equity Repositioning.

We also provide Advisory Services to high net worth investors in the acquisition of institutional properties. Our expertise includes Syndication, Tenant-In-Common Acquisition Structures, 1031 Exchanges and Asset Management.

For more information on The Elmore or for other opportunities in Portland, contact: Karlin Conklin (971) 888-4010 ext. 104.

 


 

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