Gregory Fowler Of FPA Multifamily Acquires Multifamily Properties In Portland For $25.5M

The transaction involves two multifamily assets located at 5132 Southwest Slavin Road and 711 Southeast 60th Avenue in Portland, OR. The sale price for these properties was $25,500,000. The combined unit count for both properties totals 178, with the price per unit calculated at $143,258. The total square footage is 133,584, resulting in a price per square foot of $191.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $25,500,000
• Buyer: Gregory Fowler - FPA Multifamily
• Seller: Julie Ann Culver
• Brokers: Michael Koshet & Cameron Schwab - Keller Williams Realty
• Total Units: 178
• Square Footage: 133,584
• Price Per Unit: $143,258
• Price Per Square Foot: $191

The brokers involved in this transaction, Michael Koshet and Cameron Schwab of Keller Williams Realty, facilitated the off-market sale of Greenbriar Village, a 139-unit multifamily community, and Julie Ann Apartments, a 39-unit multifamily community located in Portland, Oregon. They expressed interest in future off-market multifamily opportunities, highlighting their readiness to bring experienced buyers to the table.