Investment Real Estate - Salem, Oregon - Property Detail

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King Apartments

https://www.josephbernard.net/King-ApartmentsV2

Address:: 804-808 14th Street NE, Salem, Oregon 97301

Price:: $850,000

Units:: 12

Price per unit:: $70,833

Cap Rate:: 6.25%

Year Built:: 1964

Highlights

Close to North Salem High School and Parrish Middle School
Excellent central location

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King Apartments

Summary

The King Apartments are located across from North Salem High School just 5 blocks from Willamette University in Salem, Oregon. This two story property features twelve one-bedroom units in one building. Units feature hardwood flooring and long-term tenants.