Woodstock Apartments

WOODSTOCK APARTMENTS – PORTLAND, OR
Selling Price: $1,750,000
Year Built: 1965
Total Units: 16 Units
Price Per Unit: $109,375

CLIENT SUCCESS STORY – BUILDING TRUST THROUGH LANGUAGE AND ACTION

CLIENT GOAL
The seller, a recently widowed out-of-state owner, was ready to exit active ownership and simplify her affairs. With rents well below market and minimal reinvestment over the years, the seller’s primary goal was a smooth, respectful transaction that preserved her equity and offered clarity throughout the process.

CHALLENGE
Woodstock Apartments presented meaningful upside but required a buyer capable of navigating deferred maintenance, low rents, and operational inefficiencies. Equally important was the need to earn the seller’s trust and guide her through a complex process from afar. Language and cultural sensitivity were key—this transaction demanded clear communication and a relationship-based approach.

ACTION
The Christensen Group launched a targeted marketing campaign emphasizing the property’s repositioning potential. With 14 of the 16 units being two-bedroom apartments, we highlighted the $3,370 in monthly upside and $40,400 projected annual NOI gain. A local Portland-based investor quickly emerged as a qualified buyer. Antonio Tapia, our bilingual broker, was instrumental in communicating directly with the Spanish-speaking seller—guiding her through sensitive conversations with compassion and clarity.

RESULT
The property went under contract just 11 days after hitting the market and closed smoothly at $1,750,000. The buyer secured a value-add asset with strong long-term potential, while the seller exited with confidence and dignity. This deal is a clear example of the Christensen Group’s ability to deliver results—especially when trust, timing, and cultural fluency matter most.