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232 College Dr NW
Salem, OR 97304 West Salem

$8,000,000 USD

Apartments For Sale  •  50,829 SF

Property Details

  • Property Type Apartments
  • Total Building Size 50,829 SF
  • Lot Size 3.05 AC
  • Building Class C
  • Year Built 1979
  • Zoning RM2
28 Transit Score
4 Walk Score

Highlights

In Polk County in desirable NW Salem. 3.05-AC hilltop location with vistas and tranquil woodland setting
42 of the 46 units in townhouse configuration, 17 have attached garages- 3 of which are for 2 vehicles
Diverse mix of large units (average 1,105 SF) appealing to wide tenant base
17 of the 18 units built in 1999 contain a BONUS ROOM with hall closet (effectively another bedroom)
Value-Added- highest achieved rents fall below market levels
Newly resurfaced blacktop with approximately a 2:1 parking ratio

Property Flyers

Amenities

  • 24 Hour Access
  • Balcony
  • Disposal
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Washer/Dryer Hookup
  • Heating
  • Smoke Free
  • Kitchen
  • Refrigerator
  • Range
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
8 min - 3.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Ru Budhi 503-858-3793 SVN | Imbrie Realty
Ru Budhi 503-858-3793 SVN | Imbrie Realty