Q1 Apartments

Deal Type: Acquisition

Risk Profiles: Core

Property Types: Multifamily

EXECUTIVE SUMMARY

Q1 Apartments

  • New Construction Asset with Limited Near-Term Capital Needs.Q1 Apartments represents a new construction multifamily community, offering investors the opportunity to acquire a modern asset with minimal deferred maintenance and reduced capital expenditure requirements. The property’s contemporary systems, building components, and unit finishes provide long term operational stability and competitive positioning within the Hillsboro rental market. Building structure and roof are still under warranty.
  • Desirable Large-Format 2BR Floor Plans with Broad Tenant Appeal. The property features spacious two-bedroom, two-bathroom units that cater to today’s renter preferences for flexible living arrangements, including work from home capability and shared living. Larger floor plans differentiate Q1 Apartments from competing suburban assets, attracting higher-quality tenants and supporting long-term occupancy stability.
  • Suburban Asset Positioned to Capture Strong Workforce Housing Demand. Q1 Apartments offers larger unit sizes in a suburban setting, providing residents with greater livability and value compared to smaller urban alternatives. This positioning aligns with ongoing renter migration toward suburban locations offering improved space, accessibility, and quality of life.
  • Operational Upside Through Rent Growth & Expense Optimization. The property presents an opportunity to further enhance operational performance through strategic rent adjustments and continued professional management. Investors can benefit from Hillsboro’s strong rental demand fundamentals, supporting ongoing revenue growth while maintaining competitive occupancy levels.
  • Strategically Located Near Intel & Major Tech Employers. The property benefits from proximity to Hillsboro’s Silicon Forest, including major employers such as Intel, Genentech, Nike, and numerous semiconductor and advanced manufacturing firms. This employment base provides a deep and stable tenant pool supported by high-wage professional and technical jobs.
  • In One of Portland Metro’s Fastest-Growing Submarkets. Q1 Apartments benefits from strong surrounding demographics, including growing population, rising household incomes, and continued economic expansion driven by the technology sector. Residents enjoy convenient access to Highway 26, regional transit, retail amenities, and major employment hubs, supporting long-term rental demand and asset appreciation. Q1 Apartments benefits from strong surrounding demographics, including growing population, rising household incomes, and continued economic expansion driven by the technology sector. Residents enjoy convenient access to Highway 26, regional transit, retail amenities, and major employment hubs, supporting long-term rental demand and asset appreciation.

LOCATION OVERVIEW

Hillsboro, Oregon | Silicone Forest Employment Hub

Located within the rapidly growing Silicon Forest region of Washington County, the Quatama Road corridor in Hillsboro offers immediate access to one of the largest concentrations of technology employment in the Pacific Northwest. The area benefits from proximity to major semiconductor and advanced manufacturing employers, including the world-class campuses of Intel, which maintains several large facilities nearby such as the Ronler Acres campus.


Quatama Road sits just south of the established Orenco/AmberGlen technology district and provides convenient connectivity to both employment and transit infrastructure. The nearby MAX Blue Line light rail, including the Quatama/NW 205th Avenue Station, links the area directly to downtown Portland, Beaverton, and Hillsboro’s major employment centers, supporting strong renter demand from technology professionals and commuters throughout the region.


Residents benefit from close proximity to the vibrant mixed-use district of Orenco Station, a walkable neighborhood offering restaurants, retail, parks, and community gathering spaces. This amenity-rich environment, combined with the area’s access to major employers and transit, has helped establish Hillsboro as one of the region’s most desirable suburban living environments.

Contact Us

Jack Stephens


HFO Investment Real Estate

(971) 717-6344

Greg Frick

HFO Investment Real Estate

(971) 717-6332