New Heritage

5099 10th Avenue NE, Keizer, Oregon 97303

$3,500,000

Status:
Available
County:
Marion
Units:
32
Additional Units:
+ 2 Single Family Homes
Year Built:
1997
Unit Price:
$102,941
Land Size:
1.72 Acres
Building Size:
30,930 sq. ft.
Price per SF:
$113
CAP Rate:
5.70%
Unit Mix:

34 total units including twenty (20) 2-bed 1-baths, twelve (12) 2-bed 2-baths and two (2) 3-bed 2-baths. 

Floors:
2
Open Parking:
50 total parking spaces
WD in unit:
Yes
Rental Office:
Yes
On Site Manager:
Yes
CoverParking:
33 covered spaces
Garages:
10
Heat Type:
Electric
Storage:
24 spaces
Property Photo

New Heritage Village is a well-maintained value-add opportunity. In addition to 32-apartments, this complex includes two single family residences. One house is accessed by the apartment complex and the second is accessed by the main road and is on its own tax lot. The property offers easy access to I-5 and the Salem Parkway.

32
Units
1997
Year Built
30,930
SQ. FT.

Property Location