SMI Multifamily

SMI Multifamily Welcome to SMI Multifamily. Our expert team offers personalized service and strategic insights to ensure your success.

SOLD!14-Unit Multifamily Property, 3605 & 3609 NE 49th St. Vancouver, WA.This property presented unique challenges for t...
11/19/2024

SOLD!

14-Unit Multifamily Property, 3605 & 3609 NE 49th St. Vancouver, WA.

This property presented unique challenges for the seller, including management and cash flow concerns. We implemented a creative seller-financed solution that increased their annual net income by 65% while freeing them from day-to-day management responsibilities! Our targeted marketing campaign generated 6 offers in just two weeks, ultimately leading to a full-price, no-retrade sale at $2,250,000.

Are you a multifamily owner facing operational or lifestyle challenges? We can help! Contact us today to learn how we can maximize the value of your investment.

This 14-unit apartment complex, built in 1978, presents a compelling investment opportunity in a desirable Southwest Por...
10/11/2024

This 14-unit apartment complex, built in 1978, presents a compelling investment opportunity in a desirable Southwest Portland neighborhood. Now available at a reduced price, it is situated near the I-5 corridor, offering residents convenient access to Multnomah Village, downtown Portland, OHSU, and PSU. This location provides excellent proximity to a variety of retail, dining, and entertainment options, making it attractive to a wide range of renters.

The property comprises a mix of one- and two-bedroom units, with an average size of 674 square feet for one-bedroom units and 774 square feet for two-bedroom units. Current rental rates are below market, providing new ownership with the opportunity to increase revenue and maximize the property's income potential.

For those looking to add a well-maintained asset in a strong rental market to their portfolio, this property warrants serious consideration. Don't miss out on this chance to acquire it at a reduced price and capitalize on its income-generating potential.

Contact Khari Gates for more information or to schedule a tour: 503-830-1118.

SMI Multifamily is pleased to announce we have this 14-unit property at 3605 & 3609 NE 49th St. Vancouver, WA under cont...
09/25/2024

SMI Multifamily is pleased to announce we have this 14-unit property at 3605 & 3609 NE 49th St. Vancouver, WA under contract.

This is a value-add opportunity with the potential to increase income significantly through renovations. The property consists of an 11-unit complex and a triplex on separate parcels. Spacious townhome-style units with in-unit laundry and private yards are complemented by ample parking. Located just minutes from the Vancouver Waterfront.

Featured Listing: Prime Value-Add Opportunity in Queen Anne.We’re happy to announce an opportunity to own this well-main...
09/24/2024

Featured Listing: Prime Value-Add Opportunity in Queen Anne.

We’re happy to announce an opportunity to own this well-maintained 6-unit multifamily property at 3036 4th Ave W, Seattle, WA listed by Matt Miller. Comprised of a Fourplex built in 1990 and a Duplex built in 1962, this 4,750 NRSF property offers a versatile unit mix of 1 and 2-bedroom apartments, each providing generous living spaces with an average unit size of 792 SF.

If you’re looking for a property with strong investment potential, this is your chance to capitalize on it.

Contact us today for more details.

Meet Matt, an SMI Multifamily specialist. With over 10 years of experience, he’s dedicated to helping clients unlock the...
08/16/2024

Meet Matt, an SMI Multifamily specialist.

With over 10 years of experience, he’s dedicated to helping clients unlock the full potential of their investment portfolios. Matt's consultative approach means he tailors strategies to each investor's unique goals, consistently delivering outstanding results through keen market insights and strong negotiation skills.

Having lived across California, Oregon, and Washington, he has a deep understanding of West Coast markets and identifies overlooked opportunities that maximize value. A graduate of the University of Washington’s Foster School of Business, Matt balances his professional life with passions for sports, woodworking, and outdoor adventures with his black lab, Shadow.

Are you ready to elevate your real estate investment portfolio? Contact Matt at 206-566-6593.

Interest rates are dropping, could open up new opportunities for investment and development. We’d love to hear your thou...
08/15/2024

Interest rates are dropping, could open up new opportunities for investment and development. We’d love to hear your thoughts on how this might impact your business strategies. Share with us in the comments.

**MULTIFAMILY MARKET UPDATE**As we head into Q3 and the back half of the year we are beginning to see some relief in int...
08/14/2024

**MULTIFAMILY MARKET UPDATE**

As we head into Q3 and the back half of the year we are beginning to see some relief in interest rate quotes especially from the Agency side and the Freddie Mac Small Balance Program. Excitingly, the most recent CPI report showed inflation is below 3% for the first time in over 3 years. As a result, the probability of a September rate cut has increased to 88.6% according to CME Fed Watch. In addition, we are beginning to see improved alignment with Seller and Buyer expectations and a willingness from Sellers to be creative with how transactions are structured. We are hopeful these trends will continue as we move to close out the year on a positive note.

To our fellow Investors, Lenders, and Brokers we appreciate you staying the game and look forward to collaborating to get deals across the finish line.

Contact us to discuss your next CRE investment opportunity.

Meet Khari, a dedicated Multifamily Broker specializing in commercial real estate across Oregon and Washington.With a st...
08/13/2024

Meet Khari, a dedicated Multifamily Broker specializing in commercial real estate across Oregon and Washington.

With a strong commitment to authenticity and creativity, Khari excels at helping investors achieve their goals while fostering win-win outcomes. His background in strategic innovation and sales from leading brands, combined with his experience as a real estate owner and operator, enables him to deliver exceptional results for clients.

Outside of work, Khari loves spending quality time with his family, playing and watching sports, and exploring the trails on his bike!

Contact Khari to discuss your next sale or investment opportunity 503-830-1118.

SMI Real Estate in partnership with Real Broker LLC is pleased to announce that the Westbrook Longview Apartments , a ne...
08/12/2024

SMI Real Estate in partnership with Real Broker LLC is pleased to announce that the Westbrook Longview Apartments , a new construction Multifamily Community located in Longview, Washington, is now under contract.

Each building offers six one-bedroom/one-bathroom units, twelve two-bedroom/one-bathroom units, and six two-bedroom/two-bathroom units, averaging 725 SF, 890 SF, and 961 SF, respectively. All units feature LVP flooring, quartz countertops, plywood cabinets, a balcony or patio, storage, air conditioning, garbage disposals, and in-unit washers and dryers.

Happy Monday from your dedicated multifamily brokerage team! We're wishing everyone a successful week ahead as we explor...
08/12/2024

Happy Monday from your dedicated multifamily brokerage team! We're wishing everyone a successful week ahead as we explore the exciting opportunities in Portland's vibrant market. Don't hesitate to reach out for fresh MF investment prospects!

🏢 Just Listed: Moreland Apartments, Vancouver, WA 🏢Excited to present Moreland Apartments, a prime investment opportunit...
08/08/2024

🏢 Just Listed: Moreland Apartments, Vancouver, WA 🏢

Excited to present Moreland Apartments, a prime investment opportunity in Vancouver, WA listed by Matt Miller. This 14-unit apartment building offers a price per unit of $160,714 and a price per SF of $142.

If you’re looking to expand your portfolio with a solid property in a growing market, Moreland Apartments is a must-see.

Contact us today for more details.

**Investor FAQ** What makes Portland a wise multifamily investment option? 👉Portland is booming! As one of the fastest-g...
07/16/2024

**Investor FAQ**

What makes Portland a wise multifamily investment option? 👉

Portland is booming! As one of the fastest-growing cities in the U.S., it's attracting newcomers looking for job opportunities, cultural amenities, and an amazing quality of life. This has led to low vacancy rates and steady rental income for property owners.

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Portland, OR
97086-97299

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