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Plymouth Duster 621-647 Plymouth Dr NE

13 Unit Apartment Building $3,385,000 ($260,385/Unit) 5.44% Cap Rate Keizer, OR 97303

Investment Highlights

  • 0.45 Acres
  • New Construction
  • 9 Unit Building - 2B/2B
  • RM Zoned Property
  • Near River Road
  • 4 Unit Building - 2B/1B

Executive Summary

New to Market - 100% full, Keizer Multifamily Investment Opportunity - Located one block from River Road in Keizer on Plymouth Drive. This 0.45 acre, RM zoned property consists of a three story 9 unit building with 2 bedroom / 2 bath, 844 SF units, and a two story 4 unit building with 2 bedroom / 1 bath, 786 SF units. Convenient access to MLK Blvd Parkway and Interstate 5, within close proximity to downtown Salem. Contact Listing Broker for additional information.

Property Facts

Price $3,385,000
Price Per Unit $260,385
Sale Type Investment
Cap Rate 5.44%
No. Units 13
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.45 AC
Building Size 10,807 SF
No. Stories 3
Year Built 2023

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 - -
2+2 9 - 844
Bike Score ®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
525826
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$220,040

zoning

Zoning Code RM
RM
  • Listing ID: 30403566

  • Date on Market: 12/19/2023

  • Last Updated:

  • Address: 621-647 Plymouth Dr NE, Keizer, OR 97303

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