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Ridgecreek Manor

Ridgecreek Manor

https://www.josephbernard.net/ridgecreek-manor
Address:
2401-2475 Wayside Terrace NE, Salem, Oregon 97301
Price:
$4,600,000
Units:
39
Price per unit:
$117,949
Cap Rate:
6.05%
Year Built:
1971

Highlights

  • Well managed, turnkey opportunity
  • New exterior paint
  • Large floorplans
  • On-site laundry room
  • Secure courtyard
  • Ample parking
  • On-site management office
  • Common area game room
  • Nearby access to major freeways
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Ridgecreek Manor

Summary

Ridgecreek Manor is a 39 unit apartment community located in North Salem, just off I-5. The building has been fully renovated and the kitchens and bathrooms were remodeled in 2012. The spacious units feature new countertops, cabinets and appliances. Tenants benefit from the convenient parking options, a community picnic area and on-site laundry facilities.

 

Ridgecreek 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.

 

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

Highlights

  • Well managed, turnkey opportunity
  • New exterior paint
  • Large floorplans
  • On-site laundry room
  • Secure courtyard
  • Ample parking
  • On-site management office
  • Common area game room
  • Nearby access to major freeways
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Ridgecreek Manor

Wayside Terrace NE/24th Pl NE

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Ridgecreek Manor

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Ridgecreek Manor

Document Title Document Type
Property Flyer Adobe PDF
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Ridgecreek Manor

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