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Thursday, January 13, 2011
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.