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Holly Court 132-168 Sunset Ave N 14 Unit Apartment Building $1,795,000 ($128,214/Unit) 5.73% Cap Rate Salem, OR 97303
Executive Summary
House plus 14 low maintenance one bedroom apt units well located in Keizer Oregon. Vinyl windows installed 2024, well maintained with professional management.
Property Facts
| Price | $1,795,000 | Apartment Style | Low-Rise |
| Price Per Unit | $128,214 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.46 AC |
| Cap Rate | 5.73% | Building Size | 11,868 SF |
| No. Units | 14 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1968 |
| Property Subtype | Apartment | Parking Ratio | 1.69/1,000 SF |
| Zoning | RS | ||
| Price | $1,795,000 |
| Price Per Unit | $128,214 |
| Sale Type | Investment |
| Cap Rate | 5.73% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 11,868 SF |
| No. Stories | 2 |
| Year Built | 1968 |
| Parking Ratio | 1.69/1,000 SF |
| Zoning | RS |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 14 | $1,025 | - |
| 2+1 | 1 | $1,575 | - |
1 1
Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (71)
Property Taxes
| Parcel Number | 558862 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $719,830 |
Property Taxes
Parcel Number
558862
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$719,830
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Presented by
Nelson Commercial Real Estate LLC
Holly Court | 132-168 Sunset Ave N
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