Sold! Vera Cruz in Gresham – 12 Units on SE Division
The 12-unit Vera Cruz Apartments in Gresham have sold for $625,000. The sales price represents $52,083/unit and $63.13 per square foot. Constructed in 1969, the apartment complex contains twelve (12) 2-bed 1-bath units. Average rent per square foot is currently $0.73. These clean units include hardwood flooring. HFO represented the seller in this all-cash transaction.
HFO Investment Real Estate specializes in multifamily brokerage sales and advisory services for commercial real estate investors and apartment owners throughout Oregon and Washington. Build your legacy at http://www.hfore.com