Campus Loop

4020 Campus Loop NE, Salem, Oregon 97305

$650,000

Status:
Available
County:
Marion
Units:
5
Year Built:
1979
Unit Price:
$130,000
Building Size:
5,195 sq. ft.
Price per SF:
$125
CAP Rate:
5.66%
Unit Mix:

Five (5) 2-bed 1-bath units.

Floors:
2
WD in unit:
Yes
Siding:
Wood
Roof Type:
Composite
Heat Type:
Electric
Property Photo

Campus Loop is 200 yards from the entrance to Chemeketa Community College. These large units are all 2-bed 1-bath apartments averaging 1,039 square feet. They have been well maintained and the roofs were replaced in 2012. The highest achieved rent is $260 over previous leases. Units include off-street parking and a washer/dryer. 

5
Units
1979
Year Built
5,195
SQ. FT.

Property Location