1104-1120 Waller St SE - Apartments FOR SALE


Salem, OR 97302- South Central
$1,300,000 USD
503-364-7400
1104-1120 Waller St SE, Salem, OR for Sale
$1,300,000 USD
Apartments - FOR SALE
1/8
null | 5.11% Cap Rate

1104-1120 Waller St SE
Salem, OR 97302
South Central


HIGHLIGHTS

  • 100% Occupancy
  • Next to Bush Park
  • On-Site Parking

OVERVIEW

Southeast Salem 9-plex - Seven 2 bdrm/1 bath and Two 1 bdrm/1 bath. 766 to 834 SF units. 10 on-site parking spaces with additional street parking available. Complex has direct access to Bush Park with walking paths. New Roof and exterior paint in 2017. On-site laundry room. Rents $975 to $1195 per unit. Currently 100% occupied with one vacancy coming next month.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$165 USD /SF

# OF UNITS

9

PRICE/UNIT

$144,444

CAP RATE

5.11%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Park View Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

RM2

APN/PARCEL ID

596742

ASK ABOUT THIS PROPERTY

Ruth DanaFirst Commercial Real EstateMore Info
503-364-7400

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

Ruth DanaFirst Commercial Real EstateMore Info
503-364-7400

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