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Holly Court 132-168 Sunset Ave N 14 Unit Apartment Building $2,497,365 CAD ($178,383 CAD/Unit) 5.73% Cap Rate Salem, OR 97303



Executive Summary
House plus 14 low maintenance one bedroom apt units well located in Keizer Oregon. Vinyl windows installed 2024, well maintained with professional management.
Property Facts
| Price | $2,497,365 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $178,383 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.46 AC |
| Cap Rate | 5.73% | Building Size | 11,868 SF |
| No. Units | 14 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1968 |
| Property Subtype | Apartment | Parking Ratio | 1.69/1,000 SF |
| Zoning | RS - zoning designates areas primarily for detached, low-density, single-family homes, aiming to maintain a quiet, residential neighborhood character | ||
| Price | $2,497,365 CAD |
| Price Per Unit | $178,383 CAD |
| Sale Type | Investment |
| Cap Rate | 5.73% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 11,868 SF |
| No. Stories | 2 |
| Year Built | 1968 |
| Parking Ratio | 1.69/1,000 SF |
| Zoning | RS - zoning designates areas primarily for detached, low-density, single-family homes, aiming to maintain a quiet, residential neighborhood character |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 14 | $1,426 CAD | - |
| 2+1 | 1 | $2,191 CAD | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 558862 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,003,803 CAD |
Property Taxes
Parcel Number
558862
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,003,803 CAD
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Presented by
Nelson Commercial Real Estate LLC
Holly Court | 132-168 Sunset Ave N
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