SOLD | Summerpark Apartments, Salem

Details
Units18
Price$2,200,000
Cap Rate6.50%
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Summerpark Apartments is located at 1311-1329 6th St NW, Salem, OR.  This 18 Unit complex consists of all 2 bed/1 bath units.  The initial 8 units were constructed in 1957 with an additional 10 units constructed in 1993. The units feature spacious floor plans and washer/dryer hookups.  The property is located close to neighborhood schools, restaurants, shopping and bus lines.

Listing Broker is part of the property ownership entity and a licensed Real Estate Broker in the State of Oregon.

SMI Commercial Real Estate, LLC and Gabe Johansen, Principal Broker, Licensed in the State of Oregon represented the Seller in this transaction.

Gabe’s Other Properties