Thursday, September 3, 2015

FHA Financed Micro Apartments in Portland Up for Sale.

Oregonian story about possible sale is HERE

My original post from 2012 is HERE

150 unit property has a 40 year FHA insured loan at 4.98%; mortgage of $12,772,865 works out to $85,152 per unit.

PortlandMaps Beta data for property is HERE. Most recent RMV was $14,645,320.00 or $97,635 per unit. 

Originally created and posted on the Oregon Housing Blog

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