Lindsay Murphy Of Apex Real Estate Partners Represents Buyer In $5.3M Nursing Home Sale In Portland

The asset involved in this transaction is a nursing home located at 19909 Southeast Stark Street in Portland, OR. The facility, a residential care property, consists of 16 units and spans a total area of 13,414 square feet, with a price per unit of $331,250 and a price per square foot of $395. The transaction was completed at a sale price of $5,300,000.

Summary of transaction details:

• Property Type: Nursing Home
• Transaction Amount: $5,300,000
• Units: 16
• Square Footage: 13,414
• Price Per Unit: $331,250
• Price Per Square Foot: $395
• Buyer's Representative: Lindsay Murphy - Apex Real Estate Partners
• Seller's Representative: David Chatfield - Norris & Stevens

The brokerage firm Norris & Stevens facilitated the transaction, which involved the sale of the property by the Pribeagu family to an undisclosed buyer.