(To read more on the multifamily market, click here.)

PORTLAND, OR-The 108-unit Parkside Commons Apartments here haschanged hands for $6.3 million. HSC Real Estate Management out ofSeattle sold the asset to Tuxedo Park LLC, which was completing a1031 Exchange. The price equates to $58,333 per unit and $75.32 persf.

The garden-style complex was constructed in 1980 on 7.11 acresat 8732 N. Columbia Blvd. The occupancy rate is 98%.

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