Family Office Briefing on research byKidder Matthews·Apr 5, 2024
Portland Multifamily Market Report - 1st Quarter 2024
Portland multifamily vacancy rate at 7.5% in 1Q24 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 7.5% |
| Average Asking Rents | 1819$ |
| Under Construction | 5566units |
| Average Sale Price/Unit | 278857$ |
| Average Cap Rate | 7.2% |
Metrics extracted from the source report and independently fact-checked. Method →
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