Cobalt Sells Sonder Fields Multifamily Property In Happy Valley For $58.2 Million

A multifamily property known as Sonder Fields, located at 14798 Southeast Parklane Drive in Happy Valley, OR, was sold for $58.2 million. The property consists of 180 residential units, translating to a price per unit of $323,333.

Summary of transation details:

• Property Type: MultiFamily
• Transaction Amount: $58,200,000
• Units: 180
• Price Per Unit: $323,333
• Seller: Cobalt
• Market: Happy Valley, OR

JLL Capital Markets played a key role in the transaction, with brokers Ira Virden, Carrie Kahn, and Frank Solorzano representing the seller, Cobalt, in this deal.