Pathfinder Expands Portland-Area Footprint with Sixth Acquisition – Multi

The Habitat in Portland, Ore.

The Habitat in Portland, Ore.

Pathfinder Partners acquired The Habitat, an 85-unit, 11-building community in Portland, Ore., for $15 million. According to Yardi Matrix data, Fowler Property Acquisitions sold the property. Cody Hagerman and Greg Fink of Portland-based HFO Investment Real Estate brokered the deal. 

Located at 5745 S.W. Oleson Road, The Habitat is part of the Raleigh Hills neighborhood. The property is conveniently located a few miles from downtown Portland and in close proximity to Beaverton, Ore., and Hillsboro, Ore., which are home to major employers such as Intel, Nike and Columbia Sportswear. The multifamily asset sits on 4.8 acres and encompasses 19 duplex-style cottages and 66 garden-style apartments, averaging 789 square feet each. Amenities include:

  • Swimming pool
  • Fitness center
  • Laundry room
  • Private pond
  • Clubhouse
  • 160 parking spaces  

Renovation plans

The new owner of the property, which was built in 1978, intends to upgrade it.

... read more at: https://www.multihousingnews.com/post/pathfinder-expands-portland-area-footprint-with-sixth-acquisition/

Pathfinder Expands Portland-Area Footprint with Sixth Acquisition – Multi

The Habitat in Portland, Ore.

The Habitat in Portland, Ore.

Pathfinder Partners acquired The Habitat, an 85-unit, 11-building community in Portland, Ore., for $15 million. According to Yardi Matrix data, Fowler Property Acquisitions sold the property. Cody Hagerman and Greg Fink of Portland-based HFO Investment Real Estate brokered the deal. 

Located at 5745 S.W. Oleson Road, The Habitat is part of the Raleigh Hills neighborhood. The property is conveniently located a few miles from downtown Portland and in close proximity to Beaverton, Ore., and Hillsboro, Ore., which are home to major employers such as Intel, Nike and Columbia Sportswear. The multifamily asset sits on 4.8 acres and encompasses 19 duplex-style cottages and 66 garden-style apartments, averaging 789 square feet each. Amenities include:

  • Swimming pool
  • Fitness center
  • Laundry room
  • Private pond
  • Clubhouse
  • 160 parking spaces  

Renovation plans

The new owner of the property, which was built in 1978, intends to upgrade it.

... read more at: https://www.multihousingnews.com/post/pathfinder-expands-portland-area-footprint-with-sixth-acquisition/