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Waverly Gardens Sells for $12.4M

Private Investors Acquire 147-Unit Complex in Portland
By Aaron Turkeltaub
August 13, 2008 | 2:07 P.M.

A group of private investors sold the 147-unit Waverly Gardens apartment complex in Portland, OR, to John and Nancy Gallegly for $12.4 million, or $84,350 per unit. The cap rate was 6.41%.

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News | Waverly Gardens Sells for $12.4M