» Modern 2021 Construction Anchors the Rent Roll
Four of the property’s fifteen units are 2021-built two-bedroom
homes the largest floor plans on-site at 998 SF. This recent
vintage construction gives a buyer a modern, low-maintenance
income stream layered onto an established, income-producing
asset.
» Recent Exterior Capital Improvements
Ownership added a new perimeter fence and a new refuse/
garbage enclosure in 2021, improving site security, curb
appeal, and functionality. These investments reduce deferred
maintenance exposure for the next owner.
» Functional, Two-Bedroom-Weighted Unit Mix
The mix favors two-bedroom homes twelve of the fifteen units
appealing to the longer-tenured household renters that drive
stable occupancy. Units feature large walk-in closets, a practical
draw in this rent tier.
» Strong Everyday Connectivity
Positioned just off the Lancaster Drive NE retail corridor (Target,
Safeway, Ross, Walmart, and more), with quick I-5 and Highway
22 access. The property is roughly ten minutes from downtown
Salem home to Oregon’s state government, the region’s largest
employment base, and Salem Health.