The Fisher Park Apartments is a 26-unit garden-style complex located in Salem, OR. This project began as a bare land purchase, which was annexed into the city and approved for multifamily development. Built from the ground up by Skyline Builders, a Stack Asset Group partner, the property showcases modern construction and strategic planning. Currently held in the portfolio, Fisher Park Apartments exemplifies a forward-thinking investment with long-term potential for strong returns.

Location: Salem, OR

Type of Property: Garden-Style Multifamily

Year Built: 2021

Units: 26

Investment Details:

• Investment Date: 12/12/2021

• Exit Date: Still Held

Funding Structure:

• Internal capital

• Bank debt

Development/Improvements:

• Annexed bare land into the city

• Secured conditional approval for multifamily apartments

• Ground-up construction managed by Skyline Builders