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.