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SOLD! The Shilo Apartments, Salem, Oregon: 10 Units, $515,000

by Bernard Gehret | Nov 15, 2013

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. Bernard Gehret of Joseph Bernard Investment Real...

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