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2195 Audubon Avenue Southeast
Salem, OR 97302
Asking Price
$1.29M
Cap Rate
5.82%
Asset Type
Mixed-use
Class
Class B
What's Special
Fully-Leased 6-Plex in Pringle Creek <ul><li><strong>Built by Stafford Homes: </strong>Award-winning Earth Advantage & LEED credentialed builder. Energy-Star windows, R-60 attic insulation, Hardie Plank exterior with 30-year warranty. Below-average operating costs and minimal near-term Capex.</li><li><strong>Interior Highlights:</strong> Quartz countertops, Stainless steel appliances, laminate flooring, stylish fixtures, includes refrigerator and washer/dryer, functional layouts.</li><li><strong>Pringle Creek Community:</strong
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NOI
$80,000
Cap Rate
6.18%
DSCR
1.04
Tight
Cash-on-Cash
0.80%
Monthly Payment
$6,406.953
Annual Cash Flow
$3,116.559
