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Oak Manor Apartments

Oak Manor Apartments

https://www.josephbernard.net/oak-manor-apartments-
Address:
2288-2376 Northgate Ave NE, Salem, Oregon 97301
Price:
$4,550,000
Units:
44
Price per unit:
$103,409
Cap Rate:
6.15%
Year Built:
1970

Highlights

  • Well managed, turnkey opportunity
  • Upgraded interiors
  • New exterior paint
  • New windows
  • 2 on-site laundry rooms
  • Seasonal pool
  • Ample parking
  • On-site management office
  • Common area lounge/game room
  • Nearby access to major freeways
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Oak Manor Apartments

Summary

Oak Manor is a 44 unit apartment community located in North Salem, just off I-5. The building has undergone numerous upgrades including new flooring and the kitchens feature newer countertops, cabinetry and appliances. The pool has been remodeled in addition to upgraded equipment. Tenants benefit from the convenient parking options, seasonal pool, on-site laundry facilities and secure common grass area.

 

Oak Manor is located within the North Gateway Urban Renewal Area, where strategic infrastructure investments have been made to improve economic vitality, livability and safety for residents and employees in the area.

 

* Renovated in 2016

* Owner is a licensed real estate Broker in the state of Oregon.

Highlights

  • Well managed, turnkey opportunity
  • Upgraded interiors
  • New exterior paint
  • New windows
  • 2 on-site laundry rooms
  • Seasonal pool
  • Ample parking
  • On-site management office
  • Common area lounge/game room
  • Nearby access to major freeways
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Oak Manor Apartments

Northgate Ave NE/Portland Rd NE

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Oak Manor Apartments

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Oak Manor Apartments

Document Title Document Type
Property Flyer Adobe PDF
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Oak Manor Apartments

Joseph Bernard, LLC
5200 S Macadam Avenue
Suite 300
Portland, Oregon 97239
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax