Closed our latest deal last month - The Crown Point Apartments - here in 'always' sunny Portland, Oregon. More on this: 1. $140,000 a door for 1000 square foot (on average) units 2. Over a 7 cap on actuals going in 3. Seller financing at 5% Interest Only for 5 years 4. In-House Managed from Day 1 We've already achieved a 10% increase in rent on units for 2 new leases (versus in-building averages). Target ~10% CoC Yield from day 1. LFG!

Aug 18, 2026 · 6:00 PM UTC

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Replying to @TimelessArie
Great deal.
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Thanks! We think so but you know I’m biased
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Replying to @TimelessArie
Awesome deal! Good price, big units, good location, close in enough that it won't turn to shit even if the doomers turn out to be right (unlikely imo). If the economy turns up you can renovate on turnover. All around win, congratulations!
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Thanks! yeah we feel good about it. And I'm definitely not in the doomer camp ... live here, love it, and only invest here.
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Replying to @TimelessArie
Awesome! Congrats.
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