Let us show you how we’ve helped other clients realize their vision. At Bella Grande Properties, we’re known for our tenacity and for handling every detail of every transaction, so you don’t have to!
Multi-family: 8-plex 148th Ave. Portland OR
One example of how our expertise pays off in significant ways to our sellers is illustrated by this recent multi-family transaction that Maria Skipper, Bella Grande Properties Principal Broker, facilitated. Maria represented the sellers exclusively throughout the conveyance of this 8 unit property.
An acceptable offer was secured and the buyer’s lender ordered an appraisal on the property. The appraisal came back $170,000 under the contact price. The buyer wished to renegotiate down to the current appraisal value. After much discussion, Maria advised the sellers that since they owned the property free and clear, they could offer contract terms to a qualified buyer. Furthermore, she advised them that the buyer must have a large down payment in order to be considered, so that a significant sum of money would be forfeited if they defaulted on the installment note.
This strategy enabled us to combat a low appraisal of $510,000 and we secured an owner contract to sell the 8-plex for a grand total of $645,000.
At Bella Grande Properties we represent luxury home buyers in residential and commercial transactions.
Maria Skipper represented The Eclectic Institute in the acquisition of the McKinnon’s Airport located in Sandy, OR. The 73 acre airport came complete with 3 legally established dwellings, a large barn, and a 10,000 SQFT hangar. This property has had a rich history in aviation dating back to the renowned McKinnon Enterprises where Mr. McKinnon converted the engines and re-engineered the design of the Widgeon and Goose Seaplanes to higher safety standards and performance capabilities.
The owner of Eclectic Institute recognized a twofold benefit to owning this nostalgic property. First, the 10,000 SQFT building could house Eclectic Institute’s manufacturing site, inventory storage needs, and provide an adequate office space for his 40+personnel. This purchase would also release the company out from underneath an $8000/month lease on a building in Sandy, and allow them to start building equity in this unique piece of real estate. Second, the 1928 Historic Roslyn Lake Lodge had been restored to a residence and would provide a wonderful place to call home for the owner of Eclectic Institute.
We Did It For Others, Let Us Turn Your Vision Into a Reality
Whether it’s residential or commercial, in town or a little further out, the ordinary or the specialized like airport homes and even aviation facilities,
Bella Grande Properties is there for you to professionally handle every detail from expert marketing and promotion to closing paperwork.
Call us today to get started, 503-351-4101.