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Ashbrook Apartments 1343 SE Godsey , Dallas, Oregon, 97338

 
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Verified : 12/9/2013 Active

Ashbrook Apartments 1343 SE Godsey , Dallas, Oregon, 97338

$2,000,000   / For sale

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Property Highlights

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$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 Range:
Unlisted
Household Income:
Unlisted
Traffic Counts:
Unlisted
County:
Unlisted
Zoning:
Unlisted
Market:
Unlisted
Submarket:
Unlisted
Lot:
Unlisted
Block:
Unlisted
Bldg. Size:
Unlisted
Net Rental Area:
Unlisted
Number Of Floors:
Unlisted
Number Of Units:
Unlisted
Year Of Build:
Unlisted
Year Of Renovation:
Unlisted
Vacant SF:
Unlisted
Price/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.

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