2728 Lancaster Dr Se, Salem, OR 97317

Listing Courtesy of SMI REAL ESTATE. Cell: 971-707-0335 Selling Office: SMI REAL ESTATE.

$2,500,000
38
BD
27
BA
16,912
SqFt
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Sold Price
$2,500,000
List Price
$2,500,000
Closing Date
Jun 26, 2024
MLS#
812745
Status
CLOSED
Type
Multifamily
Subtype
Multi Family
City
Salem
Area
35 Suburban E Salem/South
County
Marion
Bedrooms
38
Bathrooms
27
Year Built
1970
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(503) 838-1912

Property Description

Discover Tamara Manor: Your smart investment choice! Ideal location near major employers, I5 access. 16 inviting 2-bedrooms, 2 expansive 3-bedrooms, all below market rents. Recent upgrades, 11 remodeled units, 6 vintage with loyal, long-term tenants. Achieve a 5.86% Cap rate based on actual operating data. Owner financing available. Your gateway to affordable comfort and savvy investment awaits in this upgraded 18-unit haven.

(503) 838-1912
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Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.