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Fountain Court Apartments 928-990 Fir St S 20 Unit Apartment Building $2,150,000 ($107,500/Unit) Salem, OR 97302



Executive Summary
1st time on the market!
19-unit Value-Add Apartments
19-unit Value-Add Apartments
Property Facts
| Price | $2,150,000 | Building Class | C |
| Price Per Unit | $107,500 | Lot Size | 0.65 AC |
| Sale Type | Investment | Building Size | 20,320 SF |
| No. Units | 20 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1959 |
| Property Subtype | Apartment | Parking Ratio | 0.74/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RM2 | ||
| Price | $2,150,000 |
| Price Per Unit | $107,500 |
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.65 AC |
| Building Size | 20,320 SF |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 0.74/1,000 SF |
| Zoning | RM2 |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Picnic Area
- Tenant Controlled HVAC
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | 400 - 640 |
| 2+1 | 8 | - | 550 - 750 |
1 1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 527625 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $974,380 |
Property Taxes
Parcel Number
527625
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$974,380
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Fountain Court Apartments | 928-990 Fir St S
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