Sold by Bernard Gehret of Joseph Bernard Investment Real Estate

Sold by Bernard Gehret of Joseph Bernard Investment Real Estate

2131 Center St NE (2) (Medium)

We just closed on a 10 unit deal in Salem for $515,000.  The property sold at a 7.5% cap rate, $66 per square foot, and $51,500 per unit.  The property was well maintained by the seller and had a stable tenant base.

2131 Center St NE (3) (Medium)

Bernard Gehret of Joseph Bernard Investment Real Estate represented the seller, and Angela Pernisco did a fantastic job representing the buyer.  She works at Knipe Realty.