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Sunset Villa 340 S Locust St 18 Unit Apartment Building $3,683,903 CAD ($204,661 CAD/Unit) Canby, OR 97013
Executive Summary
16 unit community in central Canby. All units are 2 bed / 1 bath floor plans on a spacious 1.02 acre site. Offered at $2,695,000 with an attractive -6.25% in place cap rate, proven consistency cash flow for years, stable long-term occupancy, RUBS utility reimbursements, strong historical operations and clear upside through continued unit upgrades and market rent growth. Member(s) of the ownership entity are Licensed Real Estate Brokers in the State of Oregon.
Property Facts
| Price | $3,683,903 CAD | Building Class | C |
| Price Per Unit | $204,661 CAD | Lot Size | 1.02 AC |
| Sale Type | Investment | Building Size | 15,120 SF |
| No. Units | 18 | Average Occupancy | 89% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1977 |
| Apartment Style | Low-Rise | ||
| Zoning | R2 | ||
| Price | $3,683,903 CAD |
| Price Per Unit | $204,661 CAD |
| Sale Type | Investment |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.02 AC |
| Building Size | 15,120 SF |
| Average Occupancy | 89% |
| No. Stories | 2 |
| Year Built | 1977 |
| Zoning | R2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 18 | - | 840 - 900 |
1 1
Bike Score®
Very Bikeable (76)
Property Taxes
| Parcel Number | 00797187 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,447,077 CAD |
Property Taxes
Parcel Number
00797187
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,447,077 CAD
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Sunset Villa | 340 S Locust St
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