The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Tuesday, May 25, 2010
Apartment Investment Sold! 79-Unit Albany Apartment Complex - $3 Million
HFO investment real estate represented the buyer of the Periwinkle Creek Apartments, a 1995 garden apartment complex. The complex consists of (12) 1-bed 1-bath units, (39) 2-bed 1-bath units and (28) 3-bed 2-bath units. The complex sold for $3,000,000 or $37,975 per unit. HFO Investment Real Estate represented the buyer in the transaction.