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Seeking to diversify geographically and economically from the California property investment market, John Klimp has organized more than 27 limited partnerships and limited liability companies to purchase income properties in the Portland, Oregon Metropolitan area since 1977. These properties included apartment communities as well as office and commercial properties. In the early 1980's, Mayfield Investment Company's limited partners in these properties received significant tax write-offs and substantial income tax savings. As former residents of Portland, John and Nancy Klimp understand the city, its culture, and the best locations for real estate investments. They have personally invested in excess of $8,500,000 in their Portland syndications. Most Oregon properties currently held by Mayfield partnerships are fully occupied, with their rental income at the highest level in their histories. |
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