Apartment Buildings /OR /Polk County /Salem /1225 NW Riverbend Rd
Apartment Buildings /OR /Polk County /Salem /1225 NW Riverbend Rd

1225 NW Riverbend Rd - Apartments FOR SALE


Salem, OR 97304- West Salem | 
503-225-8487
1225 NW Riverbend Rd, Salem, OR for Sale
Apartments - FOR SALE
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1225 NW Riverbend Rd
Salem, OR 97304
West Salem

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HIGHLIGHTS

  • West Salem / Polk County location, near downtown Salem and major employment centers
  • Walking distance to retail, dining, and daily conveniences
  • Built 2019, Low Capital Expenditure Needs
  • Limited new multifamily supply in the submarket
  • 48-Unit Scale Attractive to Both Regional and Institutional Buyers

OVERVIEW

Number of Units: 48 Unit Mix: (31) 1BR/1BA, (17) 2BR/2BA Year Built: 2019 Zoning: CO (Commercial Office) *Assumable Fannie Mae Financing at 3.74% fixed rate, approximately 5 years remaining

FOR SALE DETAILS

PRICE

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# OF UNITS

48

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Riverbend Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2020

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.59 AC

LAND SF

156,200 SF

ZONING

CO

APN/PARCEL ID

241652

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David ChatfieldNorris & Stevens, Inc.More Info
503-225-8487

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David ChatfieldNorris & Stevens, Inc.More Info
503-225-8487

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

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