201-307 Trees Ct - Apartments FOR SALE
Silverton, OR 97381 |
201-307 Trees Ct
Silverton, OR 97381
HIGHLIGHTS
- Turn-key partially renovated opportunity with value-add component.
- Proven renovation schedule - renovated units achieve 25% premium over classics.
- Roughly 30% of units have undergone full or partial renovations.
- Excellent location in Silverton, a desirable bedroom community of Salem.
- Strong rental submarket with low vacancy and solid rent growth.
- Recent rent increases - 6% cap on in-place and 7.59% on pro-forma
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Trees Court
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
36000
STORIES
1
YEAR BUILT
1980
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
520901
