Technical
Financial
Distress signals
Property profile

3500 Hawthorne NE Ave Salem, OR 97301

OFF-MARKET
Assisted living facilities
Property ID
US71-0630319
6,086 SF 0.42 ac lot Built 1997
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1997
Total area 6,086 SF
Lot 0.42 ac (18,295 SF)
Zoning code RM2
APN 073W12DD01800
UPID US71-0630319

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3500 Hawthorne NE Ave Salem, OR 97301-7734
Salem metro Census 502 SALEM, OR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$370k

Owner & transaction history

since 2018
5 recorded transactions
2018
Price N/A
1997
$15,400
1997
Price N/A
1991
$15,400
1969
Price N/A

Zoning & alternative use

RM2 · Salem, OR
Zoning description

The purpose of the Multiple Family Residential-II (RM-II) Zone is to implement the multiple family residential designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establish…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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