CBRE Sells Axletree Apartments In Milwaukie Oregon For $28 Million With Joe Nydahl And Josh McDonald

The transaction involved the sale of Axletree Apartments, a retail asset located at 11125 Southeast 21st Avenue in Milwaukie, OR. The property consists of 110 units and was constructed in 2019. The sale was completed for a price of $28,000,000, which equates to a price per unit of $254,545.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $28,000,000
• Units: 110
• Price Per Unit: $254,545
• Address: 11125 Southeast 21st Avenue
• Market: Milwaukie, OR

Joe Nydahl and Josh McDonald from CBRE represented the seller in this transaction, facilitating the sale from a private owner to an undisclosed buyer. CBRE was instrumental in the arrangement of the sale, ensuring a smooth transaction process.