1348 12th St - Apartments FOR SALE


Salem, OR 97302- Southeast Salem
$1,650,000 USD
503-847-7990
1348 12th St, Salem, OR for Sale
$1,650,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

1348 12th St
Salem, OR 97302
Southeast Salem


OVERVIEW

This 10-unit complex was completely renovated in 2017. 100% occupied & attaining solid rents on a good unit mix. In place property management. Assumable financing for a qualified purchaser. Fixed rate at 4.030%. Loan matures in 2032. Two minutes from Willamette University and just five minutes from Salem Center Mall and Salem’s vibrant down-town district. Please do not disturb the residents

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$298 USD /SF

# OF UNITS

10

PRICE/UNIT

$165,000

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

2

YEAR BUILT

1945

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

CG

APN/PARCEL ID

596846

ASK ABOUT THIS PROPERTY

Brandon WhiteheadSMI Real EstateMore Info
503-847-7990

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Brandon WhiteheadSMI Real EstateMore Info
503-847-7990

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