JFJ is a 17-unit apartment complex located in Salem, OR. JFJ includes eight 2bd/1.5ba Townhomes, six 3bd/1.5ba Townhomes, two 2bd/1ba units in a duplex, and a 3bd/2ba single-family home across six different parcels. Additionally, a vacant 10,000-SF residentially-zoned lot with development potential is included in the offering. The townhomes were built in 1968 through 1971, the duplex was built in 1976, and the single-family home was built in 1958. There are five improved parcels, including standalone parcels for the duplex and single-family home, and the vacant development lot. The property has been well maintained, with nearly $1m in capex completed during the last 10 years, including roofs, electrical, plumbing, and interior upgrades. 100% market-rate; no affordable units.
Please contact Matt Dodd or Sean Milligan for more information.