8 Units listed and sold by Bernard Gehret of Joseph Bernard Investment Real Estate

8 Units listed and sold by Bernard Gehret of Joseph Bernard Investment Real Estate

July, 2015:

I recently closed the 8 unit property for $865,000.  The property consisted of a mix of large two and three bedroom units located on a quiet cul-de-sac in Gresham, Oregon.

Transaction Summary:

Price: $865,000

Price per unit:  $85,625

Price per square foot:  $94

Cap rate (stabilized):  6.69%

For more information on this sold property, call Bernard Gehret at Joseph Bernard Investment Real Estate: 503-546-9390.  Bernard Gehret represented the sellers and Dan Goss of Dan Goss Real Estate represented the buyer.

Property featured large units with ample parking

Property featured large units with ample parking