3511 25th Ct SE - Apartments FOR SALE


Albany, OR 97322
$11,950,000 USD
541-760-0936
3511 25th Ct SE, Albany, OR for Sale
$11,950,000 USD
Apartments - FOR SALE
1/10
null | 5.51% Cap Rate

3511 25th Ct SE
Albany, OR 97322


OVERVIEW

Introducing Lexington at the Park, a 51-unit, townhome-style multifamily community located in Albany, Oregon. Built in 2003, the property features spacious two- and three-bedroom layouts averaging over 1,100 square feet. Each home includes a private garage, in-unit washer and dryer, individual entrance, and desirable features such as patios, fenced backyards, walk-in closets in select units, and access to tree-lined, pedestrian-friendly streets. Positioned adjacent to I-5, the location offers convenient connectivity to nearby employment centers in Salem, Corvallis, and the broader mid-Willamette Valley. Residents benefit from proximity to parks, schools, and daily retail needs, making it a practical choice for families and long-term tenants. With strong local demographics, a growing population, and limited comparable rental product, Lexington at the Park presents a durable investment with long-term upside through organic rent growth and operational efficiencies.

FOR SALE DETAILS

PRICE

$11,950,000 USD

PRICE/SF

$141 USD /SF

# OF UNITS

51

PRICE/UNIT

$234,314

CAP RATE

5.51%

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lexington at the Park

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2003

PARKING SPACES

28

LAND DETAILS

LAND ACRES

5.87 AC

LAND SF

255,697 SF

ZONING

RM

APN/PARCEL ID

0875526,0875534,0875542,0875550,0875558,0875566,0875574,0875582,0875590,0875598,0875606,0875614,0875622,0875630

ASK ABOUT THIS PROPERTY

Adam SmithHFO Investment Real EstateMore Info
541-760-0936

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Adam SmithHFO Investment Real EstateMore Info
541-760-0936

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