1330 Mildred Ln SE - Apartments FOR SALE


Salem, OR 97306
$5,900,000 USD
503-241-5541
1330 Mildred Ln SE, Salem, OR for Sale
$5,900,000 USD
Apartments - FOR SALE
1/9
null | 5.18% Cap Rate

1330 Mildred Ln SE
Salem, OR 97306


HIGHLIGHTS

  • Modern Construction: Newly built in 2023, featuring 24 one- and two-bedroom units with open layouts.
  • Desirable Amenities: In-unit laundry, air conditioning, private balconies or patios, and off-street parking.
  • Prime Location: Located in Salem’s South Gateway neighborhood, close to South Commercial shopping district and just 10 minutes from downtown
  • Convenient Access: Quick access to Interstate 5, making it easy to travel throughout Salem and the surrounding metro area.

OVERVIEW

Introducing Waln Creek Apartments, a newly built 24-unit multifamily community located in Salem, OR. Completed in 2023, this modern property features three stories of spacious one- and two-bedroom units with open layouts. Waln Creek offers desirable apartment amenities including fully equipped kitchens with dishwashers, granite countertops, stainless steel appliances, sleek cabinetry, and wood-style flooring. Residents enjoy in-unit laundry, private balconies or patios, air conditioning, and off-street parking. Waln Creek Apartments offers a peaceful suburban setting with the added convenience of being close to the South Commercial shopping district. Residents have easy access to a variety of local shops, dining options, and public transportation. Additionally, a quick 10-minute drive connects them to the vibrant downtown Salem area. With Interstate 5 just minutes away, Waln Creek Apartments is well-placed for fast access around Salem and the greater metro area.

FOR SALE DETAILS

PRICE

$5,900,000 USD

PRICE/SF

$285 USD /SF

# OF UNITS

24

PRICE/UNIT

$245,833

CAP RATE

5.18%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Waln Creek Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2023

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

-

APN/PARCEL ID

327515

ASK ABOUT THIS PROPERTY

Adam SmithHFO Investment Real Estate, LLCMore Info
503-241-5541

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Adam SmithHFO Investment Real Estate, LLCMore Info
503-241-5541

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.