Investment Highlights
- Long-Term Pride of Ownership: This is the first time these assets have been offered to market. Current ownership has maintained the properties with great care, consistently reinvesting capital.
- Attractive Assumable Financing: All three properties feature fixed-rate agency financing at sub-3% interest rates, with remaining term through late 2030, providing an attractive and stable financing.
- Strong Operating History with Room for Growth: The portfolio has consistently achieved occupancy in the mid- to high-90% range, supported by steady rent growth and positive lease trade-outs.
- Durable Demand Drivers: Each property benefits from strong underlying demand drivers, including proximity to major universities, employment hubs, and high-growth submarkets.
- Supply-Constrained Submarkets: The assets are located in historically tight Oregon rental markets, driven by in-migration and limited new housing supply, supporting long-term fundamentals.
Exclusively listed by
Broker of Record
David Tabata
Managing Director, Market Leader - Oregon