CONTRACTRECOMMENDED

Prosper Portland Seeks $7.2 Million Property Acquisition

Prosper Portland
Disclosed value
$7,200,000 purchase price; $150,000 earnest money deposit, with an additional $150,000 deposit available if the approval extension is exercised
From staffreport
Document date
Sep 9, 2026

The 30-second brief

What it covers

Prosper Portland is seeking authorization to acquire 30th & K from 30K Partners LLC for $7.2 million. The 30-unit multifamily property would remain affordable to households earning 80% to 120% of Area Median Income and would be publicly owned and professionally managed.

Who holds it

30k Partners LLC holds this contract with Prosper Portland.

What happens next

Term as filed: Purchase and Sale Agreement effective June 9, 2026; 60-day due diligence period; Board approval required within 30 days after due diligence expiration, extendable by an additional 30 days.

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Contract details

Amount
$7,200,000 purchase price; $150,000 earnest money deposit, with an additional $150,000 deposit available if the approval extension is exercised
Document date
September 9, 2026
Term
Purchase and Sale Agreement effective June 9, 2026; 60-day due diligence period; Board approval required within 30 days after due diligence expiration, extendable by an additional 30 days
Vendor
30k Partners LLC
Source document
Prosper Portland StaffReport Authorizing the Acquisition of Real Property Located at 3011 NE Killingsworth Street 2026-09-09 (StaffReport)

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Questions about this contract

Who was awarded the government contract by Prosper Portland?

30k Partners LLC was awarded this government contract by Prosper Portland, as recorded on September 9, 2026. The contract value is $7,200,000 purchase price; $150,000 earnest money deposit, with an additional $150,000 deposit available if the approval extension is exercised.

How much is the 30k Partners LLC contract with Prosper Portland worth?

The 30k Partners LLC contract with Prosper Portland is valued at $7,200,000 purchase price; $150,000 earnest money deposit, with an additional $150,000 deposit available if the approval extension is exercised.

What type of contract is this?

This is a government contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in Prosper Portland StaffReport Authorizing the Acquisition of Real Property Located at 3011 NE Killingsworth Street 2026-09-09 (StaffReport), dated September 9, 2026 from Prosper Portland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What is Prosper Portland currently buying?

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