4006 Satter Dr NE - Apartments FOR SALE


Salem, OR 97305
$1,370,000 USD
503-390-6060
4006 Satter Dr NE, Salem, OR for Sale
$1,370,000 USD
Apartments - FOR SALE
1/23
null | Request Cap Rate

4006 Satter Dr NE
Salem, OR 97305


OVERVIEW

Clean, renovated 7-plex in a great location right next to Chemeketa Community College. Units are a mix of (4) 2 bed / 1 bath and (3) 2 bed / 1.5 bath with new roofs, windows, siding, paint with 6 of the 7 interiors fully renovated in the last few years. Renovated units are rented at an average of $1,500/month with total monthly gross rents at $9,920. Large units with washer/dryer hookups and plenty of off-street parking.

FOR SALE DETAILS

PRICE

$1,370,000 USD

PRICE/SF

$204 USD /SF

# OF UNITS

7

PRICE/UNIT

$195,714

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

RM

APN/PARCEL ID

522325

ASK ABOUT THIS PROPERTY

Eric SwansonSMI Real EstateMore Info
503-390-6060

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Eric SwansonSMI Real EstateMore Info
503-390-6060

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