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Willow Lake Apartments 760 Plymouth Dr NE 57 Unit Apartment Building $10,608,992 CAD ($186,123 CAD/Unit) 5.52% Cap Rate Keizer, OR 97303

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INVESTMENT HIGHLIGHTS

  • Spacious units
  • Access to Highway 99 and Interstate 5
  • Off-street parking

EXECUTIVE SUMMARY

Willow Lake is a 57-unit apartment community located in Keizer, Oregon. The property was built in 1964 and features spacious one-, two-, and three-bedroom apartments.
The property is spread across three buildings surrounding a central, off-street parking lot with reserved resident spaces and additional guest spaces. Willow Lake is located just two miles north of downtown Salem, conveniently near access points for Highway 99 East and Interstate 5.

PROPERTY FACTS

Price $10,608,992 CAD
Price Per Unit $186,123 CAD
Sale Type Investment
Cap Rate 5.52%
No. Units 57
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.89 AC
Building Size 109,952 SF
Average Occupancy 100%
No. Stories 2
Year Built 1964
Parking Ratio 0.72/1,000 SF
Zoning RM

AMENITIES

UNIT AMENITIES

  • Heating
  • Kitchen
  • Refrigerator
  • Oven

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 - 750
2+1 45 - 850 - 900
3+1 4 - 1,200
Bike Score®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
525802
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,248,823 CAD
  • Listing ID: 29210685

  • Date on Market: 2023-08-07

  • Last Updated:

  • Address: 760 Plymouth Dr NE, Keizer, OR 97303

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