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589368
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Last modified
10/8/2021 4:42:31 AM
Creation date
12/7/2020 2:56:47 PM
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Assessor
Account Number
589368
Assessor Doc Type
Review
Log Number
T20-048
Tax Year
2020-21
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1900 Hines St SE <br />MAPS Building <br />Salem, OR 97302 <br />Class C Office Building of 30,194 SF Sold on 8/29/2019 for <br />$5,500,000 - Research Complete <br /> buyer <br />Commercial Property Resources Inc. <br />1102 NE Pine St <br />Salem, OR 97301 <br />(503) 510-8684 <br /> seller <br />Jeffrey Zeeb <br />1915 Silverton Rd NE <br />Salem, OR 97301 <br />(503) 363-2334 <br /> vital data <br />Escrow/Contract:217 daysSale Price:$5,500,000 <br />Sale Date:8/29/2019Status:Confirmed <br />Days on Market:282 daysBuilding SF:30,194 SF <br />Exchange:NoPrice/SF:$182.16 <br />Conditions:Investment Triple NetPro Forma Cap Rate:- <br />Land Area SF:90,605Actual Cap Rate:6.53% <br />Acres:2.08Down Pmnt:- <br />$/SF Land Gross:$60.70Pct Down:- <br />Year Built, Age:1978 Age: 41Doc No:- <br />Parking Spaces:30Trans Tax:- <br />Parking Ratio:1.2/1000 SFCorner:No <br />FAR0.33Zoning:IC <br />Lot Dimensions:-No Tenants:4 <br />Frontage:-Percent Improved:72.0% <br />Tenancy:MultiSubmarket:Marion County <br />Comp ID:4870834Map Page:- <br />Parcel No:R27910 <br />Property Type:Office <br /> income expense dataListing Broker <br />SVN Commercial Advisors LLC <br />Expenses- Taxes$47,248 <br />1665 Liberty St SE <br />- Operating Expenses <br />Salem, OR 97302 <br />Total Expenses$47,248 <br />(503) 588-0400 <br />Michael Fulgaro, Curt Arthur <br />Buyer Broker <br />SMI Commercial Real Estate, LLC <br />3625-3667 River Rd N <br />Keizer, OR 97303 <br />(503) 390-6060 <br />Gabe Johansen <br /> financing <br />12/7/2020 <br />Copyrighted report licensed to MountainSeed Real Estate Services, LLC - 533868. <br />Page 4 <br /> <br />
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