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Salem Heights New Construction- 12 Units 4 Multifamily Properties Offered at $2,950,000 in Salem, OR
Investment Highlights
- Three-story residence structures
- 4 Buildings, 12 units
- Great South Salem location
- Private garages and entrances
Executive Summary
Brand new construction multi-family in South Salem. Built by a prominent local developer. The parcel totals .37 acres and is comprised of 4 buildings which are each optimized for efficiency and function and built to maximum unit density allowed by the City of Salem. Each unit functions with a main level featuring two private garages and a private entrance to the common area to access the 2nd and 3rd floor units, along with a private entrance to the main level studio bedroom. Walking distance to area retailers like Starbucks and Roth’s Fresh Markets.
Property Facts
| Price | $2,950,000 | Number of Properties | 4 |
| Price / SF | $387.34 / SF | Individually For Sale | 0 |
| Cap Rate | 5.45% | Total Building Size | 7,616 SF |
| Sale Type | Investment | Total Land Area | 1.48 AC |
| Status | Active |
| Price | $2,950,000 |
| Price / SF | $387.34 / SF |
| Cap Rate | 5.45% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 7,616 SF |
| Total Land Area | 1.48 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3310 Crawford St SE, Salem, OR 97302 | Multifamily | 1,904 SF | 2023 | - |
| 3316 Crawford St SE, Salem, OR 97302 | Multifamily | 1,904 SF | 2023 | - |
| 3320 Crawford St SE, Salem, OR 97302 | Multifamily | 1,904 SF | 2023 | - |
| 3326 Crawford St SE, Salem, OR 97302 | Multifamily | 1,904 SF | 2023 | - |
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Salem Heights New Construction- 12 Units
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