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3930 Cherry Ave NE
Keizer, OR 97303
49 Doors in a Prime Mixed-Use Asset · Multifamily Property For Sale · 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
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

PROPERTY TAXES

Parcel Numbers
Multiple
  • 576845
  • 576807
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,403,180
  • Listing ID: 27872931

  • Date on Market: 3/2/2023

  • Last Updated:

  • Address: 3930 Cherry Ave NE, Keizer, OR 97303

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