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1330 Mildred Ln SE
Salem, OR 97306 South Gateway

$5,900,000 USD

Apartments For Sale  •  20,688 SF

Property Details

  • Property Type Apartments
  • Total Building Size 20,688 SF
  • Lot Size 1.72 AC
  • Building Class C
  • Year Built 2023
  • Cap Rate 5.18 %
40 Transit Score
41 Walk Score

Highlights

Modern Construction: Newly built in 2023, featuring 24 one- and two-bedroom units with open layouts.
Desirable Amenities: In-unit laundry, air conditioning, private balconies or patios, and off-street parking.
Prime Location: Located in Salem’s South Gateway neighborhood, close to South Commercial shopping district and just 10 minutes from downtown
Convenient Access: Quick access to Interstate 5, making it easy to travel throughout Salem and the surrounding metro area.

Property Flyers

Cap Rate: 5.18 %

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Washer/Dryer
  • Granite Countertops
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Salem (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak) 7 min - 4.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 36
Type: Surface
Included in Rent: Yes
Adam Smith 503-241-5541 HFO Investment Real Estate, LLC
Adam Smith 503-241-5541 HFO Investment Real Estate, LLC