Fieldstone Luxury Apartments

Deal Type: Acquisition

Risk Profiles: Core Plus, Value-Add

Property Types: Multifamily

EXECUTIVE SUMMARY

Fieldstone Apartments | A Transit-Accessible, Value-Add Apartment Opportunity in Fairview, OR

  • Significant value-add potential supported by a sizable classic unit base and a clear path to implement a standardized interior renovation program.
  • Proven renovation benchmark with 66 units renovated to date, providing an established foundation to drive rent premiums through continued interior upgrades.
  • Resident-preferred unit features include vaulted ceilings in all top-floor units, enhancing natural light and overall livability.
  • Proximity to major employers including Portland International Airport (PDX) and Mt. Hood-area institutions supports durable, commuter-driven demand.
  • Resilient market fundamentals supported by limited mid-market supply and rising cost-toown trends, positioning the asset for stable occupancy across cycles.

LOCATION OVERVIEW

Fairview, Oregon | Fairview's Halsey Street Corridor with Strong Regional Connectivity


Fairview is emerging as a dynamic redevelopment hub in East Multnomah County, driven by public investment and a clear growth vision. At the center is the Heart of Fairview, a 5‑acre mixed‑use project blending housing, retail, and civic space. This initiative strengthens the city’s identity, attracts private capital, and enhances livability, positioning Fairview as a rising suburban destination within the Portland metro. Fairview’s appeal is reinforced by proximity to major job centers and expanding retail corridors, including the Columbia Corridor, Troutdale Reynolds Industrial Park, Wood Village Town Center, and Columbia Gorge Outlets. With direct access to I‑84, TriMet routes, and ongoing corridor improvements, the city offers strong connectivity to Portland and beyond. This combination of redevelopment momentum, employment anchors, and transportation access makes Fairview a compelling submarket and prime environment for multifamily investment.

Contact Us

Tyler Johnson

HFO Investment Real Estate

(971) 717-6336

Cody Hagerman

HFO Investment Real Estate

(971) 717-6333

Rob Marton

HFO Investment Real Estate

(971) 717-6335

Greg Frick

HFO Investment Real Estate

(971) 717-6332