Multifamily
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Buildings: 5
Units: 17
Year Built: 1968
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NOI: $202,847
List Price: $3,375,000
6.01% Cap Rate (Current Rents)
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FOR SALE
Accepting Offers
JFJ Apartments
3955-3967 Lancaster Drive NE • Salem, OR
JFJ Apartments, a 17-unit multifamily property built in 1968, is located in the rapidly growing East Salem, Oregon market. The asset offers a diverse unit mix, including 3 townhomes, a duplex, and a single-family home, with an impressive average unit size of 1,216 square feet. With strong market fundamentals and significant upside potential, JFJ Apartments presents an attractive opportunity for future owners to capitalize on East Salem's thriving rental market.
