Friendship Six is a well-maintained 6-unit apartment community located in one of South Salem’s most established residential neighborhoods. Built in 1991, the property consists entirely of spacious single-level 2-Bed / 1-Bath apartments measuring 816 square feet with private backyards. Each unit offers washer and dryer hookups, functional floor plans, and a comfortable living environment that continues to attract long-term residents.

Ownership has taken exceptional care of the property over the years. The building reflects true pride of ownership with mature landscaping, copper plumbing, modern electrical systems, roofs replaced in 2014, and ample on-site storage. As a result, Friendship Six offers investors a highly durable, low maintenance asset requiring little-to-no deferred maintenance.

While the property has been meticulously maintained, there remains a straightforward path to increasing income through light interior renovations. Cosmetic improvements such as updated flooring, countertops, and appliances present an opportunity to achieve approximately $100-$200 per unit in monthly rental premiums while preserving the property’s strong occupancy and long-term appeal.

Friendship Six offers investors the increasingly rare combination of stable in-place cash flow, limited operational risk, and meaningful upside through a simple renovation strategy.