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Brad Hammond
  • Real Estate Agent
  • Portland, OR
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Why isn't my 5-plex in NE not getting offers?

Brad Hammond
  • Real Estate Agent
  • Portland, OR
Posted Jul 30 2019, 06:53

I have a 5-plex that has been on the market since late May and I've gotten very little interest in it. Am I being too optimistic that it would sell in a couple of months or is there something I'm not seeing? The cap rate is average for the area (5.5%) so I don't think it's the price. The address is 7230 NE 18th Ave, here is a link. Any and all points of view would be appreciated.

  • Real Estate Agent OREGON (#201229363)

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