SOLD! The Casa Sevilla Apartments, Salem, OR, Another "Win-Win" Transaction for Joseph Bernard Investment Real Estate!

By January 10, 2013April 13th, 2021Sold!

tachment wp-att-730″>1416 D St Ne (6) 1416 D St Ne (7)

The 8 unit property sold on

December 31 for $410,000, at $51,250 per unit and a 7% cap rate.  The property is well maintained, with consistent rental history and an opportunity to increase rent and cap rate.  This transaction is truly another “Win-win”

for the buyers and sellers!

Call me

with any questions on this sale or the Salem market, 503-546-9390.

Bernard Gehret

Bernard Gehret

Joseph Bernard Investment Real Estate