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Shelton Village Apartments 2540-2594 Lee St SE 28 Unit Apartment Building $3,899,000 ($139,250/Unit) Salem, OR 97301
EXECUTIVE SUMMARY
Welcome to Shelton Village! This unique apartment complex is located in the heart of Salem. Shelton Village is comprised of 28 units with large 3bed/1bath, 4bed/2bath, 5bed/2bath quad style townhouse layouts.
Shelton Village has an inviting family atmosphere, with spacious grounds, courtyards, and adequate off-street parking with 38 standard/5 handicap spaces available to the residents.
Additional photos of the unit interiors available upon request. Loan quote package is also available upon request.
Under contract seeking back up offers.
Good central location with easy access to I-5 via Mission St SE. Close proximity to shopping, restaurants, and numerous other amenities. Please do not disturb the residents
Shelton Village has an inviting family atmosphere, with spacious grounds, courtyards, and adequate off-street parking with 38 standard/5 handicap spaces available to the residents.
Additional photos of the unit interiors available upon request. Loan quote package is also available upon request.
Under contract seeking back up offers.
Good central location with easy access to I-5 via Mission St SE. Close proximity to shopping, restaurants, and numerous other amenities. Please do not disturb the residents
PROPERTY FACTS Under Contract
| Price | $3,899,000 | Building Class | C |
| Price Per Unit | $139,250 | Lot Size | 0.83 AC |
| Sale Type | Investment | Building Size | 34,714 SF |
| No. Units | 28 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1972 |
| Property Subtype | Apartment | Parking Ratio | 0.32/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Zoning | RM2 | ||
| Price | $3,899,000 |
| Price Per Unit | $139,250 |
| Sale Type | Investment |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.83 AC |
| Building Size | 34,714 SF |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 0.32/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RM2 |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer Hookup
- Refrigerator
- Range
SITE AMENITIES
- Courtyard
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 28 | - | - |
1 1
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 590321 | Improvements Assessment | $758,950 |
| Land Assessment | $163,370 | Total Assessment | $922,320 |
PROPERTY TAXES
Parcel Number
590321
Land Assessment
$163,370
Improvements Assessment
$758,950
Total Assessment
$922,320
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Shelton Village Apartments | 2540-2594 Lee St SE
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