1200 38th Av Sweet Home, OR 97386

ACTIVE

$9,950,000

Market Estimate

Request Info

80 Beds
80 Baths
37,120 sq. ft.
Multi-Family
MLS# 792769

Listing provided courtesy of: RE/MAX INTEGRITY - SALEM BRANCH

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Property Details

Description

Happy Place Apartments are brand new multi-family complexes located in Sweet Home. This sale includes the 5 buildings completed in Phase 1. Each building consists of 8 units, for a total of 40. Each unit is equipped with Whirlpool stainless steel kitchen appliances, laminate flooring, and a porch with a storage closet. Promotion of availability has just begun and is being managed by Diversified Property Management and Real Estate Services.

General Features
- Status Note ACTIVE
- Suitable For Garden/Low-Rise
- Type Multi- (5+)
- Home Warranty No
- Dual Living No
- Tax Amount 55500
- Terms Cash, Conventional
- Handicap Amenities Yes (Refer to Remarks)
- Cross Street Main St
- County Linn
- Unit Types Flat
- Year Built 2022
Building Features
- Dining Area (Combination)
- Laundry W/D Included
- Fenced Yard Partial
- Flooring Carpet, Vinyl
- Electric 3000
- Dishwasher Yes
- Disposal Yes
- Approx Total Sq Ft 37,120
- Siding Style Lap
- Water Heater Electric
- Siding Fiber Cement
- Roof Composition, Shingle
- Total Bathrooms 80
- Total Beds 80
- Unit 1 Baths 2
- Unit 1 Bedrooms 2
- Patio Covered Patio
- Number of Units 40
- Refrigerator Refrigerator Included
- High Speed Communication Access Available
- Heating Electric, Zonal
- Foundation Continuous
Property Features
- Acres 2.3
- Lot Type Common Area
- New Construction Yes
- Maintenance 3500
- Landscape Yes
- Water Sewer 31200
- Flood Plain No
- Water City, Connected
- View Mountain, Territorial
- Sewer City
- Range Facility Built-in, Electric, Microwave Included, Range Included

Contact

GoodHome Group, LLC

Our Brokers: Mark Shadrin & Andrea Gonzalez (Espanol)

Real Estate Professionals Salem

Direct: 503-983-4405

Neighborhood

97386 (Sweet Home) Demographics

46 Median Age

121 Population Density (per sq. mile)

18% College Educated

$52,333 Estimated Median Income

4,086 Estimated Total Home Owners

1,792 Estimated Total Renters

70% / 30% Estimated Owner / Renter Divide

3 Estimated Average Household Size

15,584 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$339,950 Median Sales Price

36 Homes Sold

52 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price	Percent Change
--	Current Price Source: Multiple Listing Service	New Value: $9,950,000
5/20/2022 11:13:00 AM	New in Database Source: Multiple Listing Service	New Value: $9,950,000

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* This payment calculator is intended for educational and planning purposes only.
** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.