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621 Harrison St - Oregon City Apartments 8 Unit Apartment Building Offered at $2,516,177 CAD at a 5.75% Cap Rate Oregon City, OR 97045
Investment Highlights
- Stabilized New Construction, Low Maintenance Asset
- Modern and Efficient Design
- Nearby many restaurants, shops, and cafe's
- Spacious Layouts
- Minutes from Downtown Oregon City & the iconic Willamette Falls
- Off-street parking
Executive Summary
8-Unit Oregon City Apartment Opportunity
621-643 Harrison St. & 1322-1324 7th St.
Sale Price: $1,830,000
Price/Unit: $228,750
CAP Rate: 5.75%
Total Building Size: 6,507 SF
Unit Mix: 8 2 bed, 2 bath units
621-643 Harrison St. & 1322-1324 7th St.
Sale Price: $1,830,000
Price/Unit: $228,750
CAP Rate: 5.75%
Total Building Size: 6,507 SF
Unit Mix: 8 2 bed, 2 bath units
Property Facts
| Price | $2,516,177 CAD | Property Type | Multifamily |
| Price Per Unit | $314,522 CAD | Building Size | 6,507 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 5.75% | Year Built | 2024 |
| No. Units | 8 | Opportunity Zone |
Yes
|
| Price | $2,516,177 CAD |
| Price Per Unit | $314,522 CAD |
| Sale Type | Investment |
| Cap Rate | 5.75% |
| No. Units | 8 |
| Property Type | Multifamily |
| Building Size | 6,507 SF |
| No. Stories | 2 |
| Year Built | 2024 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | - | - |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 00589615 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,301,107 CAD |
Property Taxes
Parcel Number
00589615
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,301,107 CAD
Contacts
-
Nicholas Diamond -
Riley Henderson -
Michael Horter -
Capacity Commercial Group LLC
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621 Harrison St - Oregon City Apartments
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