Portland · Commercial sale

PS Oregon buys 2118 SE Hogan Rd in Gresham for $13.4 million

A self-storage facility at 2118 SE Hogan Rd, Gresham sold for $13,400,000 on August 4, 2026. See the seller and buyer net sheets for this sale.

Aerial view of 2118 SE Hogan Rd, Gresham with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Multnomah County Assessor. The photo can predate the sale.
Sale price
$13,400,000
Sold
August 4, 2026
Property type
Self-storage facility
Building area
86,316 sq ft
Price per sq ft
$155
Year built
2006

A self-storage facility at 2118 SE Hogan Rd in Gresham sold for $13,400,000 on August 4, 2026, nearly double its assessed market value of $6,739,440, according to the Multnomah County Assessor's sales records.

PS Oregon LLC purchased the property, which spans 86,316 square feet of building area on a 3.56-acre lot, working out to $155 per square foot. The facility was constructed in 2006, per the Assessor's records.

What this sale costs to close

What does closing cost at this price? Under Multnomah County custom the seller's larger charges are $25,320 for the owner's title insurance policy and $650 for the escrow fee. The seller's estimated net is $13,362,406 before brokerage commissions and any loan payoff. A cash buyer would need about $13,389,182 at closing.

Customize this net sheet

2118 SE Hogan Rd, Gresham, OR.

Source: Multnomah County Assessor, via PortlandMaps taxlots, document R339944-20260804. Property details: Multnomah County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.

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