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Investment Highlights

  • Townhome Style Apartments. Well Maintained 20 Unit Complex located in the heart of the Willamette Valley Oregon. Property consists of 5 Four Plex's.
  • Courtyard in the center of units for all to enjoy.

Executive Summary

Townhome Style Apartments. Well Maintained 20 Unit Complex located in the heart of the Willamette Valley Oregon. Property consists of 5 Four Plex's. (19) 2 Bed 1.5 Bath and (1) 1 Bed 1 Bath units. Laundry Facilities and Parking on Site. Newer roofs on all buildings. Several units have been turned and updated in the last few years. Nice setting with a Courtyard available to all Tenants. Patio areas in back of each Apartment, could be individually fenced for Tenant privacy.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $402,560 $21.50
Other Income $11,050 $0.59
Vacancy Loss $20,128 $1.08
Effective Gross Income $393,482 $21.02
Taxes $22,151 $1.18
Operating Expenses $124,364 $6.64
Total Expenses $146,515 $7.83
Net Operating Income $246,967 $13.19

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $402,560
Annual Per SF $21.50
Other Income (CAD)
Annual $11,050
Annual Per SF $0.59
Vacancy Loss (CAD)
Annual $20,128
Annual Per SF $1.08
Effective Gross Income (CAD)
Annual $393,482
Annual Per SF $21.02
Taxes (CAD)
Annual $22,151
Annual Per SF $1.18
Operating Expenses (CAD)
Annual $124,364
Annual Per SF $6.64
Total Expenses (CAD)
Annual $146,515
Annual Per SF $7.83
Net Operating Income (CAD)
Annual $246,967
Annual Per SF $13.19

Property Facts

Price $3,547,024 CAD
Price Per Unit $177,351 CAD
Sale Type Investment
Cap Rate 7%
Gross Rent Multiplier 9.9
No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.64 AC
Building Size 18,720 SF
Average Occupancy 95%
No. Stories 2
Year Built/Renovated 1970/2022
Parking Ratio 2.14/1,000 SF
Zoning R-1 - R-1 Residential.

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Patio

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 20 $1,637 CAD 936
Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
0313771
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,371,464 CAD
Annual Taxes
$22,151 CAD ($1.18 CAD/SF)
Tax Year
2025 Payable 2026
  • Listing ID: 36809636

  • Date on Market: 2025-07-18

  • Last Updated:

  • Address: 455 W D St, Halsey, OR 97348

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