![](https://bernardgehret.com/dev/wp-content/uploads/2016/02/IMG_7877_HDR-copy.jpg)
![16 Unit Apartment Sold in Canby by Bernard Gehret](https://bernardgehret.com/dev/wp-content/uploads/2016/02/IMG_7856_HDR20copy.jpg)
16 Unit Apartment Sold in Canby by Bernard Gehret
February, 2016: The Rancho Real, a 16 unit, one bedroom complex was sold by Bernard Gehret of Joseph Bernard Investment Real Estate for $1,060,000.
Sale Data Summary:
Price: $1,060,000
Estimated Cap Rate: 7.5%
Price per square foot: $87
The property was well maintained by Princeton Property Management.
![The Rancho Real Apartments Features Large, One Bedroom Units](https://bernardgehret.com/dev/wp-content/uploads/2016/02/IMG_7829_HDR-copy.jpg)
The Rancho Real Apartments Features Large, One Bedroom Units
![The Rancho Real was originally built as a hotel in Canby, Oregon, and has a nice "suite" feel with a separate sink from the shower and bath](https://bernardgehret.com/dev/wp-content/uploads/2016/02/IMG_7849_HDR20copy.jpg)
The Rancho Real was originally built as a hotel in Canby, Oregon, and has a nice “suite” feel with a separate sink from the shower and bath. Plus built-ins and dishwashers.
Bernard Gehret represented both the buyer and sellers in the transaction.
![For More Information on Selling Apartments in Oregon Call Bernard Gehret at Joseph Bernard Investment Real Estate](https://bernardgehret.com/dev/wp-content/uploads/2016/02/IMG_7877_HDR-copy.jpg)
For More Information on Selling Apartments in Oregon Call Bernard Gehret at Joseph Bernard Investment Real Estate: 503-546-9390.