Applegate Apartments Sells for $10M in Portland

Reported Sep 14, 2026 · Source: REBusiness Online

Source: REBusiness OnlineRead the full report at REBusiness Online ↗

Deal details

Buyer
and seller private local investors
Seller
Not disclosed
Price
$10M
Size
78 units
Price per unit
$128,205 per unit (our calculation)
Asset class
Multifamily & Mixed-use
Transaction
Sale
Sub-market
Multnomah County (Gresham / Fairview)
Metro
Portland
Reported date
Sep 14, 2026

Summary

HFO Investment Real Estate arranged the $10 million sale of Applegate Apartments, a multifamily community at 17726 S.E. Division St. in Gresham. Greg Frick, Jack Stephens and Yuriy Chubok of HFO represented the buyer and seller, both private local investors. Built in 1979 on 3.1 acres, it has 12 two-story buildings with 78 one-, two- and three-bedroom units averaging 809 square feet.

Summarized from the article; the quoted lines below are from the article itself.

Source: REBusiness Online

Read the full report at REBusiness Online. What the article says:

  • Deal / Price / Buyer
    GRESHAM, ORE. — HFO Investment Real Estate has arranged the $10 million sale of Applegate Apartments, a multifamily community at 17726 S.E. Division St. in Gresham. Greg Frick, Jack Stephens and Yuriy Chubok of HFO represented the buyer and seller, both private local investors, in the transaction. Built in 1979 on 3.1 acres, Applegate is comprised of 12 two-story buildings offering a total of 78 one-, two- and three-bedroom units, with an average unit of 809 square feet. All units include in-unit laundry hookups, and recent capital improvements include new siding, a new roof and windows.
  • Deal
    HFO Investment Real Estate Brokers $10M Sale of Applegate Apartments in Gresham, Oregon

Article date: 2026-09-14T14:11:34+00:00

Quick answers

How much did Applegate Apartments sell for?
The reported price is $10M, per REBusiness Online.
How big is Applegate Apartments?
78 units, as listed from the source.
When was this sale reported?
Reported Sep 14, 2026 by REBusiness Online.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.