SOLD | 4624 Lancaster Dr NE Salem OR 97305

Details
Price$22,250,000
Units88
Size82,350 SF
map

Autumn Woods Apartments consisting of 88 Units – a mix of 2 bed / 2 bath and 3 bed / 2.5 bath units constructed in 2024.

  • 5.5% Cap Rate
  • 80% Stabilized at Closing

Located on the North end of Lancaster Drive NE with quick access to I-5, Keizer Station, Chemeketa Community College as well as additional shopping, restaurants and services along Lancaster Drive.

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

Gabe’s Other Properties