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3930 Cherry Ave NE
Keizer, OR 97303
49 Doors in a Prime Mixed-Use Asset · Multifamily Property For Sale
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49 Units
Investment Highlights
- Cherry City Crossings comprises four newly constructed, mixed-use buildings with fully leased apartments and storefront retail.
- Opportunity to own an asset with diverse tenants such as Beauty by Brittany, Cortes Aesthetics, Off Top Barbershop, and Little Daisy Photography.
- Cherry City Crossings tenants and visitors can easily access public transportation, the Salem Parkway and Interstate 5.
- Located three miles north of Salem, Keizer is a residential suburb with many businesses, restaurants, cafes, and shops.
Property Facts
| No. Units | 49 | Lot Size | 0.81 AC |
| Property Type | Multifamily | Building Size | 38,191 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2022 |
| Building Class | B | ||
| Zoning | RM - Residential | ||
| No. Units | 49 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.81 AC |
| Building Size | 38,191 SF |
| No. Stories | 4 |
| Year Built | 2022 |
| Zoning | RM - Residential |
Amenities
Unit Amenities
- Washer/Dryer
Site Amenities
- Courtyard
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 24 | - | 635 - 688 |
| 2+2 | 11 | - | 934 |
| 3+2 | 5 | - | 1,261 |
| Studios | 9 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $4,403,180 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,403,180
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