Multifamily Investing in Oregon
Oregon: Hermiston · Pendleton · Umatilla
Stone Ridge (Pendleton, 33 units) and Hermiston 17 (Hermiston, 17 units). Umatilla 11 sold in January 2023.
EagleCap owns Stone Ridge (Pendleton, 33 units) and Hermiston 17 (Hermiston, 17 units), and sold Umatilla 11 in January 2023. New purchases are in Houston and Dallas-Fort Worth. Eastern Oregon sits near the Tri-Cities, where EagleCap was founded and started investing.
- EagleCap owns Stone Ridge in Pendleton (33 units) and Hermiston 17 in Hermiston (17 units).
- EagleCap sold Umatilla 11 in January 2023.
- New purchases are in Houston and Dallas-Fort Worth.
Why Oregon
Eastern Oregon sits near the Tri-Cities, where EagleCap was founded and started investing. Smaller Eastern Oregon markets are supply-constrained and underserved by larger institutional buyers.
Our Eastern Oregon footprint
EagleCap owns Hermiston 17 (Hermiston, 17 units) and Stone Ridge in Pendleton (33 units), and sold Umatilla 11 in January 2023. Operating these communities first-hand, not just underwriting them, is how we learned renter demand, expenses, and what actually moves net operating income. New purchases are in Houston and Dallas-Fort Worth.
Local Investor FAQ
Does EagleCap own property in Oregon?
EagleCap owns Stone Ridge (Pendleton, 33 units) and Hermiston 17 (Hermiston, 17 units), and sold Umatilla 11 in January 2023. New purchases are in Houston and Dallas-Fort Worth.
Why did EagleCap start in Eastern Oregon?
Smaller Eastern Oregon markets are more supply-constrained and less competitive than the Portland metro, and they sit near the Tri-Cities, where EagleCap was founded.
Market and geographic information is for educational purposes and is not a recommendation or an offer to sell or solicitation to buy any security. All investments involve risk, including loss of principal.