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300 W 4th St 16 Unit Apartment Building $2,722,044 CAD ($170,128 CAD/Unit) 7.40% Cap Rate The Dalles, OR 97058
EXECUTIVE SUMMARY
Nestled in the vibrant heart of downtown The Dalles, this 16-unit apartment complex offers an outstanding investment opportunity with strong existing income and room for value enhancement.
Located just blocks from shops, dining, and the scenic Columbia River, this property appeals to tenants seeking both convenience and comfort.
This is a well-maintained multifamily asset in one of Oregon’s most desirable small cities. The complex presents immediate upside with one unit currently undergoing renovation and the majority having been done within the past 5 years. Potential to refresh others over time.
Whether you're expanding your real estate portfolio or entering the multifamily market with a proven performer, this is an investment that checks all the boxes.
Located just blocks from shops, dining, and the scenic Columbia River, this property appeals to tenants seeking both convenience and comfort.
This is a well-maintained multifamily asset in one of Oregon’s most desirable small cities. The complex presents immediate upside with one unit currently undergoing renovation and the majority having been done within the past 5 years. Potential to refresh others over time.
Whether you're expanding your real estate portfolio or entering the multifamily market with a proven performer, this is an investment that checks all the boxes.
PROPERTY FACTS
| Price | $2,722,044 CAD | Building Class | C |
| Price Per Unit | $170,128 CAD | Lot Size | 0.66 AC |
| Sale Type | Investment | Building Size | 14,790 SF |
| Cap Rate | 7.40% | Average Occupancy | 100% |
| No. Units | 16 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1953/1998 |
| Property Subtype | Apartment | Parking Ratio | 0.81/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | CBC | ||
| Price | $2,722,044 CAD |
| Price Per Unit | $170,128 CAD |
| Sale Type | Investment |
| Cap Rate | 7.40% |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.66 AC |
| Building Size | 14,790 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1953/1998 |
| Parking Ratio | 0.81/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | CBC |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 16 | - | - |
1 1
Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 03512 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,122,741 CAD |
PROPERTY TAXES
Parcel Number
03512
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,122,741 CAD
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300 W 4th St
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