Bella Vista Apartments
3625 Belle Vista Ct S, Salem, OR 97302
Price$2,300,000
Number of Units20
Building Size18,997 sqft
Price/Unit$115,000
Property TypeMultifamily
Sub TypeTwo Story
Cap Rate6.70%
Highlights
- Environmentally Friendly — Energy Efficient Vinyl Windows
- Parking Amenities — Garages & Off Street Parking Available
- Easily Accessible — Great Location in Close Proximity to both Downtown Salem & the I-5 corridor
- Laundry — Washer & Dryer Hookups in Unit
Description
Built in 1997, The Bella Vista Apartments are located in the Southeast quadrant of Salem, Oregon. The property is comprised of 20 apartment homes which all include two bedrooms, one and a half bathrooms, and washer and dryer hook-ups. The property offers off-street parking, garages, and spacious floor plans.
The Bella Vista Apartments are comprised of two buildings, each with two floors. All buildings have wood siding and a pitched composition roof.
Financial Summary
- Pro Forma EGI: $154,134
- Pro Forma Cap Rate: 6.70%
Gallery