Property Highlights
show additional details- $2,000,000
- Sale Price:
- $2,000,000
- Price/SF:
- Unlisted
- CAP Rate (%):
- 6.3
- NOI:
- $126,060
- Net Lease:
- Unlisted
- Gross Leasable Area (SF):
- 32,565
- Total Lot Size (SF):
- 136,343
- Occupancy (%):
- Unlisted
- Population:
- Unlisted
- Household Income:
- Unlisted
- Traffic Counts:
- Unlisted
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- County:
- Unlisted
- Zoning:
- Unlisted
- Market:
- Unlisted
- Submarket:
- Unlisted
- Lot:
- Unlisted
- Block:
- Unlisted
- Building Size (SF):
- Unlisted
- Net Rentable Area (SF):
- Unlisted
- Number Of Floors:
- Unlisted
- Number Of Units:
- Unlisted
- Year Of Building:
- Unlisted
- Year Of Renovation:
- Unlisted
- Vacant SF (SF):
- Unlisted
- Price/SF ($/SF):
- Unlisted
- Parcel Number:
- Unlisted
- Tenancy Type:
- Unlisted
- Construction Status:
- Unlisted
- Construction Type:
- Unlisted
- Sprinkler:
- Unlisted
- Owner Occupied:
- Unlisted
Property Description
The property consists of (21) 2 bedroom / 1.5 bath townhouse units at approximately 875 sf and (11) 3 bedroom / 1.5 bath townhouse units at approximately 1,290 sf in 7 buildings.
*Additional land that backs to an elementary school's grounds could potentially accommodate additional units.
*(4) 4 plexes are on separate tax lots
*Large 2 and 3 bedroom townhouse units
*Current owner developed the property
Location Description
The Ashbrook apartments is a stabilized property with a value add component in Dallas, Oregon, a bedroom community of Oregon's state capital, Salem. The property backs to an elementary school and is only blocks from the local high school, in addition to providing easy access to main arterial's. Dallas also provides great accessibility to the Willamette Valley's main attractions including the Cascade Mountains and the Oregon Coast.
Listing Links
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