Other 30-something-unit, inner-city Portland apartment complexes have sold consistently for approximately $3 million, according to research by Winkler and Dupont. UDP purchased its Southeast Division property in May 2011 for $645,000, according to Portlandmaps.
What is 'Return On Average Assets - ROAA'. Return on average assets (ROAA) is an indicator used to assess the profitability of a firm's assets, and it is most often used by banks and other financial institutions as a means to gauge financial performance. ROAA is calculated by taking net income and dividing it by average total assets.
Other profitability ratios include: 1  Return on Assets: The return on assets ratio (ROA) is found by dividing the net income by total assets. 2  Profit Margin: The profit margin is one of the most used profitability ratios.  Return on Equity: The return on equity (ROE) measures profitability related to ownership.