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Oct-17-2007 11:53![]()
Salem Apartments SoldSalem-News.comEastland Court, a 43-unit apartment complex in Salem has sold for $2.475 million or $57,558 per unit. The buyer is T.G. LLC.
(SALEM, Ore. ) - Hagerman Frick O'Brien, a real estate investment firm located in Portland, Ore., recently arranged the sale of the 64-Unit Evergreen Park and the 43-unit Eastland Court Apartments in Salem, Oregon; the 54-unit Hidden Village apartments in Vancouver, Washington, and the 30-unit Grant Park Apartments in Hillsboro, Oregon. Hagerman Frick O'Brien LLC handled the transactions The Evergreen Park Apartments, a 64-unit apartment complex in Salem, has sold for $3 million or $46,875 per unit. The buyer is M&M holdings of San Jose, CA and the seller is D. Darin Davison of Salem. Hugh Holtman of HFO Investment Real Estate represented both parties. Eastland Court, a 43-unit apartment complex in Salem has sold for $2.475 million or $57,558 per unit. The buyer is T.G. LLC and the seller is ELW Trust of Salem. Hugh Holtman of HFO Investment Real Estate represented both parties. Hidden Village, a 54-unit apartment complex in NE Vancouver, Washington, sold to Koch Farm investments LLC for $3,900,000 or $72,222 per unit. HFO investment Real Estate represented the seller, MK Peterson construction, Inc of Vancouver. Grant Park Apartments, a 30-unit apartment complex in Hillsboro sold to Mr. and Mrs. Gorman of Portland for $2.15 million or $71,667 per unit. Seller was Bauer Storage, LP of Seaside. HFO represented the parties.
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