340 S Locust St, Canby, OR 97013

$2,595,000

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Property Description

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.

340 S Locust St | MLS# 551246483

This multi-family property located at 340 S Locust St, Canby, OR 97013 is currently listed for sale with an asking price of $2,595,000. Search Canby real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Fuel Type: Electricity
Heating: Other
Roof Type: Other
Stories: 2.0
Taxes: $18,755
Year Built: 1977

Units

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

Feature Descriptions

Days on Site: 72
Exterior: Other
Hot Water: Electricity, Other
Sewer: Public Sewer
Units: 16
Water: Public Water

Local Schools

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

Listed By / Shown By

Listed By

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

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 15,441.52 per month $13,121.73 Principal & Interest $1,562.92 Property Tax $756.88 Homeowner's Insurance

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