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Updated about 5 years ago on . Most recent reply

User Stats

96
Posts
23
Votes
Todd Ashley
  • Rental Property Investor
  • Portland, OR
23
Votes |
96
Posts

Concrete Block Seismic Retrofitting (West Coast)

Todd Ashley
  • Rental Property Investor
  • Portland, OR
Posted

Hi, I am looking at a 1950’s single story small multi-family building (four 1br apartments) located in Portland, Oregon. The building is made from concrete blocks. Is this a “run away as fast as you can” scenario? Have any of you done seismic retrofits to a building like this? Any input is appreciated. Thanks! 

Most Popular Reply

User Stats

412
Posts
219
Votes
Mathew Wray
  • Real Estate Agent
  • Portland, OR
219
Votes |
412
Posts
Mathew Wray
  • Real Estate Agent
  • Portland, OR
Replied

I tend to agree with Steve...you'll want to run the question by your insurer just to get another viewpoint but I'd be more concerned with the fact that they're four 1-bedrooms than with the potential for an earthquake. Not saying there aren't great reasons to have 1-bedrooms as rentals-just would want to be extra-careful that you're vetting your potential rental pool, future rent increases, etc. 

  • Mathew Wray
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