Appraisal Video Short: 32 Three-Bedroom Units Rising at Hollywood MAX

hollywoodHUB is Portland’s newest 12-story tower rising over the Hollywood MAX station—222 permanently affordable apartments, including 32 three-bedroom units. The deepest affordable units are capped at $37,250 or less per year for a family of 4 (30% area median income), with subsidies like Project-Based Section 8 helping even lower-income families qualify. Residents will live across from Trader Joe’s and 24 Hour Fitness, steps from MAX, and blocks from Providence Hospital, the library, and Hollywood Theatre.

Full in-depth analysis with market data and what 30% AMI really means:

CODA

Are you an agent in Portland who wonders why appraisers always do “x”?

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Author: Abdur Abdul-Malik, SRA, ASA

Certified residential appraiser licensed in Oregon and Washington, serving the Portland and Vancouver areas. I extensively serve—and blog about—Clackamas, Columbia, Hood River, Multnomah, Washington, and Yamhill counties in Oregon, as well as Clark, Cowlitz, Klickitat, and Skamania counties in Washington.

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