Log In/Sign Up
Your email has been sent.
The Station Apartments 1127-1195 6th Ave SE 10 Unit Apartment Building $2,722,044 CAD ($272,204 CAD/Unit) 6.02% Cap Rate Albany, OR 97321
EXECUTIVE SUMMARY
Prime Investment: The Station features 11 trendy units, boasting a projected $212,000 in gross income and $166,565 NOI. Extensive upgrades including electrical, plumbing, HVAC, windows, siding, kitchens bathrooms, parking lot, bike storage, onside laundry, and new stormwater and fire suppression systems. Unlock additional income with 3 more unfinished units, for a total of 14 doors, not including rentable storage. Complimentary management included for the first year with full price offer.
PROPERTY FACTS
| Price | $2,722,044 CAD | Building Class | C |
| Price Per Unit | $272,204 CAD | Lot Size | 1.40 AC |
| Sale Type | Investment | Building Size | 7,866 SF |
| Cap Rate | 6.02% | No. Stories | 1 |
| No. Units | 10 | Year Built | 1992 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment | ||
| Zoning | Albany-MS - Albany-MS - MS Main Street | ||
| Price | $2,722,044 CAD |
| Price Per Unit | $272,204 CAD |
| Sale Type | Investment |
| Cap Rate | 6.02% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 1.40 AC |
| Building Size | 7,866 SF |
| No. Stories | 1 |
| Year Built | 1992 |
| Opportunity Zone |
Yes |
| Zoning | Albany-MS - Albany-MS - MS Main Street |
AMENITIES
UNIT AMENITIES
- Disposal
- Washer/Dryer Hookup
- Kitchen
- Loft Layout
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Gas Range
- Bicycle Storage
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | - | 527 - 712 |
| 2+2 | 1 | - | 1,370 |
| 3+2 | 1 | - | 1,206 |
1 1
Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (78)
PROPERTY TAXES
| Parcel Number | 0776425 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,049,946 CAD |
PROPERTY TAXES
Parcel Number
0776425
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,049,946 CAD
1 of 83
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
The Station Apartments | 1127-1195 6th Ave SE
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.