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Shilo Apartments

Shilo Apartments

https://www.josephbernard.net/shilo
Address:
2131 Center Street NE, Salem, Oregon 97301
Price:
$515,000
Units:
10
Price per unit:
$51,500
Cap Rate:
7.50%
Year Built:
0

Highlights

  • Newer Appliances
  • Vinyl Windows
  • Strong Rental & Operations History
  • Beautiful Landscaping
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Shilo Apartments

Summary

The Shilo Apartments are a ten unit community located in NE Salem, Oregon. The property features a mix of studio, one, and two bedroom units with vinyl windows, on-site laundry, off-street parking, and beautiful landscaping. This is a quality property with strong rental and operational history.

Highlights

  • Newer Appliances
  • Vinyl Windows
  • Strong Rental & Operations History
  • Beautiful Landscaping
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Shilo Apartments

Salem is the capital of the state of Oregon, and the county seat of Marion County.  It is located alongside the Willamette River, which forms the boundary between Marion and Polk Counties.  The Willamette River is considered to be one of the most fertile and agriculturally productive regions of the United States.

With over 150,000 residents, Salem is Oregon's second largest city.  Elevation in this city ranges from 120' at the riverside to 1000' at Eola Hills.  It is home to over 13 public and private universities, including Willamette University.  Events and attractions in Salem include the Oregon State Fair, Salem Saturday Market, the annual World Beat Festival, Salem Art Festival, and the Bite of Salem.

Salem has the second largest school district in Oregon, with an enrollment of 39,000 students and over 2,000 teachers and counselors.  The state of Oregon is the largest employer of Salem, with over 13,000 full-time employees.

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Shilo Apartments

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Shilo Apartments

Document Title Document Type
Property Flyer Adobe PDF
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Shilo Apartments

Bernard Gehret
bgehret@josephbernard.net
Joseph Bernard, LLC
5200 SW Macadam Avenue
Suite 300
Portland, Oregon 97239
503.546.9390 Main
866.546.9390 Toll Free
503.546.9395 Fax