160-Unit Multifamily Community in Corvallis, Oreg., Trades for $25.15MM

(EDITOR’S NOTE: The property sold for about $157,188 per unit.) Portland  – CBRE has announced the sale of North Pointe, a 160-unit multifamily community in Corvallis, Ore., to Investors Capital Group, a Seattle-based multifamily investment firm, for $25.15 million. CBRE’s Phil Oester, Josh McDonald and Joe Nydahl represented the seller, Los Angeles-based real estate development firm The Korda Group, in the transaction. […]