Oregon RealtySelling apartments or a plex
Sell with tenants in place. I prepare an organized package for buyer and lender review and coordinate tenant communications, access and required notices with your property manager and advisors.
Multifamily brokerage · Portland metro & Central Oregon
Selling or buying apartments in Oregon? Work with a broker who owns rentals too.
I'm Chris Hughson, principal broker and CCIM. I help owners and investors sell and buy apartment buildings, duplexes to fourplexes, rental portfolios and nonprofit housing, with straight numbers on value and buyers. You work with me directly, from the first call to closing.
Chris HughsonPrincipal Broker · CCIMOregon Realty Advisors, Inc.
12apartment, fourplex and group home sales, $8.5 million
50completed sales, $29.7 million career brokerage volume
21 yrsOregon principal broker, licensed 2005
CCIMCertified Commercial Investment Member since 2011
Market rates
- 30-yr fixed
- 7.32% Oct 22
- 15-yr fixed
- 6.68% Oct 22
- 10-yr Treasury
- 5.13% Oct 21
- Portland cap rate
- 6.2% Q3 2026 avg.
Mortgage rates: Freddie Mac PMMS®, national weekly averages. 10-yr: U.S. Treasury. Cap rate: average for Portland multifamily, Kidder Mathews Portland Multifamily Market Report. For information only; not an offer of credit.
Services
For independent rental owners, investors and nonprofit housing owners
My brokerage focuses on apartments, plexes, rental portfolios and housing owned by nonprofits and public agencies, and I represent buyers and sellers of larger buildings too. My background in lending and affordable housing asset management adds depth on complex transactions.
You work with the principal broker
No handoff to a junior agent. I run the evaluation, the marketing, the negotiation and the closing myself.
I've been on your side of the table
I've bought, operated and sold rentals of my own in Portland and Central Oregon, including the vacation cabins at Deschutes River Cabins. I know what a seller, a landlord and a buyer each worry about.
Oregon rules, handled early
Tenant notices, Portland relocation assistance and rent-increase limits affect price and timing. I plan for them before they become a buyer's objection.
Buying income property
I evaluate the numbers before you make an offer, then investigate leases, condition, financing and tenant obligations during due diligence.
Several rentals or a 1031
Sell together, in phases or to different buyers, or exchange into a larger property. I coordinate the sale and purchase with your qualified intermediary and tax advisor.
Mission-driven owners
8 group home transactions with nonprofit and public owners. I've worked with LIHTC and HUD-financed properties for over 20 years, so I know how agency approvals, funding restrictions and resident considerations shape a sale.
Completed transactions
Multifamily and group home sales
Apartment buildings, fourplexes and group homes, including sales for a public housing authority and to nonprofit buyers who kept them in service.
Seller representation · Nov 2023
$1,905,000Cora Park Apartments
10 units around a central courtyard at 4207 SE 37th Ave, Portland. 24 bedrooms and 14 baths.
Seller representation · Jul 2026
$1,500,000Chateau Apartments
10-unit apartment complex at the corner of SE 19th Ave and Stark St, Portland.
Imagery © Google
| Property | Type | Represented | Closed | Price |
|---|---|---|---|---|
| Chateau Apartments1910 SE Stark St, Portland | 10 units | Seller | Jul 2026 | $1,500,000 |
| Woodstock group home6428 SE 97th Ave, Portland | 9-unit group home | Seller | Oct 2025 | $800,000 |
| Fourplex11125 SW 61st Ave, Portland | Fourplex | Buyer | Jul 2025 | $680,271 |
| 3923 SE 69th AvePortland | Group home | Seller | May 2024 | $460,000 |
| 6102 SE 86th AvePortland | Group home | Seller | May 2024 | $460,000 |
| Cora Park Apartments4207 SE 37th Ave, Portland | 10 units | Seller | Nov 2023 | $1,905,000 |
| 3010 SE 171st DrPortland | Group home | Seller | Nov 2023 | $398,000 |
| 11819 SE Grant StPortland | Group home | Seller | Nov 2023 | $450,000 |
| Progress House3510 SE 118th Ave, Portland | Group home | Seller | Dec 2022 | $400,000 |
| 9126 N Chase AvePortland | Group home | Seller | Dec 2021 | $442,500 |
| Kramer Fourplex303–317 N Beech St, Portland | Fourplex | Seller | Nov 2019 | $710,000 |
| 3909 SE 70th AvePortland | Group home | Seller | Jan 2017 | $330,000 |
| 12 completed sales | $8.5 million | |||
Plus 38 home and land sales across Oregon$21.1 millionShow all
Portland metro & Willamette Valley Homes
- 14221 SE Lyon St, Happy Valley$950,000
- 14220 SE Lyon St, Happy Valley$950,000
- 2835 NE 56th Ave, Portland$841,500
- 21035 NE Niederberger Rd, Dundee$835,000
- 2737 NE 30th Ave, Portland$770,000
- 2217 NE 38th Ave, Portland$770,000
- 4715 NW Kiwanda Dr, Portland$757,000
- 36902 S Kropf Rd, Molalla$707,000
- 14130 SE 268th Ct, Boring$586,000
- 6125 SW Miles Ct, Portland$540,000
- 5715 SW Pasadena Dr, Portland$535,000
- 4530 SW Coronado St, Portland$525,000
- 339 SE 172nd Ave, Gresham$524,000
- 35718 Hods Ln, St. Helens$500,000
- 10915 SW 57th Ave, Portland$497,000
- 8315 N Foss Ave, Portland$465,000
- 4206 NE Davis St, Portland$446,000
- 12511 SE Guilford Dr, Milwaukie$440,000
- 5741 SW Pasadena Dr, Portland$438,600
- 240 Dibblee Ln, Eugene$431,000
- 8612 SW 30th Ave, Portland$429,000
- 3135 SE 78th Ave, Portland$415,000
- 4202 Beaver Way, Forest Grove$410,000
- 3228 SE 52nd Ave, Portland$410,000
- 3857 SW Canby St, Portland$370,000
- 1695 Elk Circle SW, Albany$340,000
- 5755 SW Pasadena Dr, Portland$318,000
- 1109 NW Perl Way, Hillsboro$250,000
- 11379 SW Springwood Dr, Portland$245,000
- 29 sales$15.6 million
Central Oregon Homes & land
- 45 SW Taft Ave, Bend$905,000
- 17704-7 Rogue Ln, Sunriver$875,000
- 16443 Beaver Dr, Bend$799,000
- 52912 Timber Lane Loop, La Pine$725,000
- 17711-11 Rogue Ln, Sunriver$622,500
- 18729 Choctaw Rd, Bend$449,900
- 55809 Wood Duck Dr, Bend$389,900
- 16449 Beaver Dr, BendLand$375,000
- 16449 Beaver Dr, BendLand$360,000
- 9 sales$5.5 million
All sales brokered by Chris Hughson, Principal Broker, at recorded sale prices.
What would your building sell for today?
Send the address and current rents. I'll come back with comparable sales and an initial price range.
How a sale works
From rent roll to closing
Evaluate it
A broker opinion of value from your rents, expenses and recent comparable sales: cap rate, gross rent multiplier and price per unit.
Prepare it
An organized package for buyer and lender review: rent roll, trailing twelve months, leases and known repairs.
Market it
RMLS and LoopNet, CoStar sales data, and direct outreach to investors, 1031 buyers and nonprofit housing providers.
Close it
Negotiating inspections and lender conditions, coordinating estoppels and deposits, and working with your qualified intermediary on 1031 timing.
Buying? Same discipline in reverse: I underwrite the rent roll and expenses before you offer, then run the diligence on leases, condition and financing before you close.
Background
A broker who underwrites like a lender and thinks like an owner
I look at the details that drive investment value: operating income, lease terms, financing and future capital needs. My experience in lending, asset management and rental ownership helps me identify questions early and prepare a property for serious buyer review.
Alongside my brokerage and rental ownership, I oversee approximately 1,460 affordable apartments across 20 properties in a separate role as an asset manager for a public housing agency.
- 2000–02Commercial and residential lendingCommercial credit analysis at Bank of America; mortgage loan officer at First Tech Credit Union
- 2004Founded Oregon Realty Advisors, Inc.
- 2005Licensed Oregon principal brokerJ.D., Willamette University College of Law, emphasis in real estate law
- 2005–11Senior housing loan analyst, City of PortlandLoan servicing and asset management on a $310 million multifamily loan portfolio of 164 properties, including LIHTC, HUD and bond-financed projects
- 2011CCIM designationCertified Commercial Investment Member
- NowBroker, property manager and asset managerBrokerage and rental management through ORA; affordable housing asset management for a public housing agency
Earlier career: City of Portland multifamily lending, 2005–2011Loan servicing and asset management for the Portland Development Commission and Portland Housing Bureau. These are loans I analyzed and monitored, not brokerage sales.Show the projects
927apartments in the 9 projects below
$118Mtotal project cost
| Project | Units | Scope | Year | Project cost |
|---|---|---|---|---|
| Headwaters at Tryon Creek8833 SW 30th Ave | 170 | Mixed-income apartments, senior housing and townhomes | 2007 | $23,566,000 |
| Shaver Green4011 NE MLK Jr. Blvd | 85 | New six-story apartment building | 2009 | $17,568,000 |
| The Estate Building225 NW Couch St | 191 | Seismic rehab of a 1913 building | 2007 | $15,908,000 |
| Eastgate Station100 NE 120th Ave | 61 | New four-story family apartments | 2010 | $13,802,000 |
| Esperanza Court3601 SE 27th Ave | 70 | New apartments on a restored site | 2008 | $13,651,000 |
| Patton Park5272 N Interstate Ave | 54 | Apartments over retail at a MAX station | 2009 | $12,257,000 |
| Clifford Apartments526 SE Morrison St | 88 | Historic rehab and environmental cleanup | 2011 | $8,243,000 |
| Miraflores Apartments8917 N Newell Ave | 32 | New apartments and townhomes | 2009 | $7,968,000 |
| Rose Quarter Housing10 N Weidler St | 176 | Hotel converted to special-needs apartments | 2009 | $5,176,000 |
Central Oregon · Deschutes River Cabins
Spend a few days on the Deschutes
Three cabins near Sunriver, two of them on the Big Deschutes, that I manage through Deschutes River Cabins. Clients, colleagues and families have all ended up here for some relaxing downtime. Most say the river does the rest.
The Beaver CabinRiverfront on the Big Deschutes · 3 bedrooms · kayaks, hot tub, fire pitSee the cabin
The Marten CabinRiverfront on the Big Deschutes · 3 bedrooms · hot tub, kayaks, a huge river deck beside miles of forest trailsSee the cabin
Rogue Cabin, SunriverInside Sunriver · 3 bedrooms · hot tub, SHARC passes, bikes, 20 minutes to Mt. BachelorSee the cabin
Portland · 30-night minimum
The John Ross, South Waterfront A furnished studio on the 10th floor for stays of a month or more: OHSU rotations, relocations, a remodel at home. Parking, concierge, the streetcar at the door. See the condoBooked directly at deschutesrivercabins.com, where direct rates run about 10% below Airbnb and Vrbo.
Where I work
Portland metro, Central Oregon and the Willamette Valley
Most of my transactions are in the Portland area and Central Oregon, with sales in the Valley from Dundee and Molalla to Eugene.
Common questions
Before you call
What does an evaluation cost?
An initial property evaluation is free. Send what you have, such as the address, rents and expenses, and I'll follow up with an initial assessment or the details I need to prepare one. It's a broker opinion of value, not an appraisal.
Can I sell with tenants in place?
Yes. Oregon has specific rules for notices, access and terminations, so we plan showings and timelines around them with your property manager.
Does selling trigger Portland relocation assistance?
Selling a property does not, by itself, trigger Portland relocation assistance. Certain tenancy terminations, lease nonrenewals and qualifying rent increases can create payment obligations, subject to the City's rules and exemptions. I help identify these issues early and coordinate with the property manager and legal counsel as needed.
How do you price an apartment building?
From the actual rent roll and expenses, not a listing pro forma: cap rate on in-place income, gross rent multiplier, price per unit and recent comparable sales. Then I show you what moves the number, such as below-market rents, deferred maintenance or tenant obligations.
Can you work on a 1031 exchange deadline?
Yes, on either side. I coordinate with your qualified intermediary and tax advisor so the sale and purchase fit the 45-day identification and 180-day closing windows.
Should I sell my rentals together or one at a time?
It depends on who the buyers are. A package can draw investors, while individual sales can reach owner-occupants. I'll price it both ways so you can compare.
Free initial evaluation
Selling or buying? Let's talk numbers.
Tell me about the property or your next investment. I'll follow up personally to discuss value, timing and next steps.
I reply personally, usually within one business day. No automated drip, no handoff.
Call or text503-703-6844
Emailchris@oregonrealtyadvisors.com