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201-307 Trees Ct
Silverton, OR 97381
Trees Court · Multifamily Property For Sale
·
30 Units
Investment Highlights
- Turn-key partially renovated opportunity with value-add component.
- Roughly 30% of units have undergone full or partial renovations.
- Strong rental submarket with low vacancy and solid rent growth.
- Proven renovation schedule - renovated units achieve 25% premium over classics.
- Excellent location in Silverton, a desirable bedroom community of Salem.
- Recent rent increases - 6% cap on in-place and 7.59% on pro-forma
Property Facts
| No. Units | 30 | Lot Size | 5.50 AC |
| Property Type | Multifamily | Building Size | 36,000 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1980 |
| Building Class | C | ||
| Zoning | RM5 | ||
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.50 AC |
| Building Size | 36,000 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Zoning | RM5 |
Amenities
Unit Amenities
- Storage Space
- Carpet
- Dining Room
- Family Room
- Lawn
- Patio
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 26 | - | 1,200 |
| 2+2 | 4 | - | 1,200 |
Property Taxes
| Parcel Number | 520901 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,696,300 |
Property Taxes
Parcel Number
520901
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,696,300
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