340 S Locust St, Canby, OR 97013 | MLS ID 551246483

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$2,595,000

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Sunset Villa Apartments located in central Canby. The property features all 2 bed / 1 bath floor plans situated on a spacious 1.02-acre site. An onsite manager's office, onsite laundry facilities, and 33 off-street parking stalls support stable, long-term operations.Offered at $2,595,000 with a strong 6.50% in-place cap rate, the asset has produced consistent cash flow for years. Additional upside is supported by RUBS utility reimbursements and strong rental fundamentals in a supply-constrained market.Member(s) of the ownership entity are Licensed Real Estate Brokers in the State of Oregon.

Information

Address:
<map>

340 S Locust St
Canby, OR 97013

Area/School Dist: Oregon City Beavercreek CanbyMolalla Mulino

MLS ID: 551246483

Status: Pending

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Features

Taxes: $18,755
Roof Type: Other
Exterior: Other
Heating: Other
Fuel Type: Electricity
Cooling: None
Year Built: 1977
Water: Public Water
Sewer: Public Sewer
Stories: 2.0
Units: 16
Hot Water Description: Electricity, Other

Unit Information

Unit Type 1 Information
  Bathroom(s): 1
  Bedrooms: 2
  Square Footage: 1
  Total Units: 16

School Information

High School: Canby
Middle School: Baker Prairie
Elementary School: Other

Mortgage Information

Agency/Agent Information

Shown By:
  Agency Name: DAT Real Estate Solutions
  Agency Phone: 503-400-7995

Listed By
   SMI Commercial Real Estate LLC
  Agency Phone: 503-390-6060

DAT Real Estate Solutions
4660 Portland Road, Suite 103 | Salem, Oregon 97305
503.400.7995

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