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Eaton Village Apts. Trades for $2.5 Million

Investor Acquires 48 Units at 2510-2598 SE 157th
By Susan Perez
July 31, 2006 | 1:13 P.M.

Steve Bachelder purchased the 48-unit Eaton Village Apartments at 2510-2598 SE 157th Ave. SE in Portland for $2.5 million, or about $51,041 per unit. The capitalization rate was 6.8% and the apartment complex was 100% occupied at the time of sale.

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