Mark Gleiberman's MG Properties Acquires 337 Units In Gresham Oregon For $60.8 Million

The transaction involved the acquisition of the multifamily properties known as Parkside Apartments and Mountain High Apartments, located at 2831 Southeast Palmquist Road and 1930 Southeast 6th Street in Gresham, Oregon. The sale price was $60,800,000 for a total of 337 units, resulting in a price per unit of $180,415.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $60,800,000
• Address: 2831 Southeast Palmquist Road & 1930 Southeast 6th Street
• Market: Gresham, OR
• Units: 337
• Price Per Unit: $180,415
• Buyer: Mark Gleiberman - MG Properties
• Brokers: Tyler Johnson & Cody Hagerman - HFO Investment Real Estate

Mark Gleiberman from MG Properties completed the acquisition, expanding their multifamily portfolio in the Portland area through this transaction. The brokerage firm HFO Investment Real Estate facilitated the deal with representatives Tyler Johnson and Cody Hagerman.