We are pleased to announce the sale of the 50 unit complex in Keizer, Oregon the Orchard Court Apartments. The property consisted of ten buildings located on a quiet cul-de-sac in Keizer, Oregon.
Property highlights:
-Strong tenant base.
-Some cosmetic repairs required with upside in rents.
-Low density layout with garages.
Sale data:
Price: $3,400,000
Price per unit: $68,000
Estimated cap rate: 6.7%
Price per square foot: $72
