1037 Ring St NE - Apartments FOR SALE


Salem, OR 97303
$695,000 USD
503-390-6060
1037 Ring St NE, Salem, OR for Sale
$695,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

1037 Ring St NE
Salem, OR 97303


OVERVIEW

Stabilized 4-plex in a strong Keizer location generating approximately $4,670 per month in gross rents. Metal roof, off-street parking and consistent 2 bedroom demand support steady occupancy and predictable performance. Clean, small, multifamily asset in an established rental pocket. Adjacent 4-plex locate at 1061 Ring St NE also available for sale. Please do not disturb the residents.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$230 USD /SF

# OF UNITS

4

PRICE/UNIT

$173,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1031-1037 Ring St NE Keizer

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,138 SF

ZONING

RM

APN/PARCEL ID

549330

ASK ABOUT THIS PROPERTY

Eric SwansonSMI Real EstateMore Info
503-390-6060

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Eric SwansonSMI Real EstateMore Info
503-390-6060

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.