1061-1067 Ring St - Apartments FOR SALE


Salem, OR 97303
$695,000 USD
503-390-6060
1061-1067 Ring St, Salem, OR for Sale
$695,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

1061-1067 Ring St
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. Member(s) of selling entity are Licensed Real Estate Brokers in the State of Oregon

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 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

12,197 SF

ZONING

RM

APN/PARCEL ID

549329

ASK ABOUT THIS PROPERTY

Eric SwansonSMI Real EstateMore Info
503-390-6060

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

Eric SwansonSMI Real EstateMore Info
503-390-6060

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