SOLD August 2017
12 units, North Portland
SALE PRICE: $2,675,000
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.
For more information on The Elmore or for other opportunities in Portland, contact: Lindsey Zehel (971) 888-4010 ext. 102.
Investors Management Group, headquartered in Woodland Hills, California, provides Advisory Services to accredited investors. Expertise includes Syndication, Tenant-In-Common Acquisition Structures, 1031 Exchanges and Asset Management.