HFO Investment Real Estate Brokers $7.2M Sale of Multifamily Community in Salem, Oregon

by Amy Works

SALEM, ORE. — HFO Investment Real Estate has directed the sale of Battle Creek Lodges, an apartment property in Salem’s South Gateway neighborhood. An investment group acquired the asset from an undisclosed seller for $7.2 million. Battle Creek Lodge features 56 two-bedroom apartments averaging 1,000 square feet. Community amenities include a seasonal pool, tennis court, picnic areas and fireplaces. Greg Frick and Adam Smith of HFO represented both the seller and buyer in the deal.

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