Spring Woods, a 174-unit apartment community located in Salem, Oregon, offers institutional investors a rare opportunity to acquire scale, quality, and yield in Oregon’s state capital — combining brand-new construction, strong lease-up momentum, and favorable long-term fundamentals in a limited-supply market. The unit mix consists of 27 1-bed/1-bath apartments, 111 2-bed/2-bath apartments, and 36 3-bed/2-bath apartments.

SMI Real Estate, Gabe Johansen Principal Broker Licensed in the State of Oregon and Matt Miller Broker Licensed in the States of Oregon and Washington represented the Seller and the Buyer in this transaction.