Multifamily Income
211 Sunset Avenue North Keizer, OR 97303
211 Sunset Avenue North, Keizer, OR, 97303
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For Sale
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Multifamily opportunity offered for sale at 211 Sunset Avenue North in Keizer, Oregon.
Property Size5,515 SF
Price / SF$158.66
Days on Market44
Property Features for 211 Sunset Avenue North
General Information
- Standard status
- Active
- Size
- 5,515 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1951
Listing agency
Premiere Property Group, LLC
(503) 559-9600
Listed by
Greg & Judy Gysin · License #861200070
Source
Crexi
Added: Jun 8 Updated: Jul 21 at 3:38AM Checked: Jul 21 at 3:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premiere Property Group, LLC
Investment Insights
Based on property information with market context.
This for-sale multifamily income property is listed at 211 Sunset Avenue North in Keizer, Oregon. The asset is identified as a multifamily property and is offered under the “Multifamily Opportunity” designation in the public remarks.
Additional property details beyond the address, property type, and total listed size are not provided in the information available. Prospective buyers are encouraged to review offering materials for unit mix, condition, and income and expense specifics.
Additional property details beyond the address, property type, and total listed size are not provided in the information available. Prospective buyers are encouraged to review offering materials for unit mix, condition, and income and expense specifics.
Key Highlights
- Multifamily opportunity for sale at 211 Sunset Avenue North in Keizer, Oregon
- Year built: 1951
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.4k | $13.68 |
| − Vacancy | −$4.5k | −$0.82 |
| EGI | $70.9k | $12.86 |
| − OpEx | −$31.9k | −$5.79 |
| NOI | $39.0k | $7.07 |
5,515 SF · lease $13.68/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$557.2K
$487.6K – $650.1K
NOI $39,005 @ 7.0% cap · market cap 4.46%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.30M
$1.13M – $1.51M
NOI $90,792 @ 7.0% cap · market cap 10.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
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FAQs
What type of property is this?
Multifamily property - Multifamily opportunity offered for sale at 211 Sunset Avenue North in Keizer, Oregon.
Where is this multifamily property located?
The property is located at 211 Sunset Avenue North Keizer, OR.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Multifamily opportunity for sale at 211 Sunset Avenue North in Keizer, Oregon; Year built: 1951
