Windsor Island Apartments (photo courtesy of RMLS)
Sold! The 20 unit complex in Salem, Oregon sold for $1,090,000. The complex sold in August, 2015 and features off-street parking, laundry facility tucked off the street for a nice place for tenants to live.
Sale data summary:
-$54,500 per unit.
-$82 per square foot.
-Estimated 6% cap rate
Jennifer Hand of Gall Real Estate represented the seller, and Bernard Gehret represented the buyer.
