Pringle Creek | Salem, Oregon | 6 Units | $775,000


Property ID

3,900 SqFt



Pringle Creek Apartments is a half-mile walk from the Salem Hospital and Willamette University. These six units are currently operating as short-term fully furnished rentals to doctors and nurses at Salem Hospital and professors and grad students at the university. Current leases carry a minimum three-month term with a historical average of five months. This unique asset boasts a high cap rate and excellent ROI.


Address: 1123 Cross Street Southeast, Salem, OR, USA
  • Province / State: Oregon
  • City / Town: Salem
  • Postal code / ZIP: 97302
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  • Property ID 2189
  • Price $775,000
  • Property Type Multifamily
  • Property status For Sale
  • Year Built 1975
  • Size 3,900 SqFt
  • Number of Units 6

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Greg Frick

Property Seller
(503) 241-5541
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