Historical Multifamily Sale Listing - Hilltop Manor

Multifamily For Sale

This Multifamily property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Multifamily For Sale, Oregon City, OR or Oregon

Hilltop Manor

469 Hilltop Avenue, Oregon City, OR 97045

N/A

25 Units | Multifamily

  • Print

Multifamily Property - Off Market

Price:
N/A
No. Units:
25
Building Size:
19,992 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
7.51%
Gross Rent Multiplier:
6.74
No. Stories:
2
Year Built:
1976
Lot Size:
53,923 SF
Listing ID
17895250
Last Updated
over 1 year ago

Highlights

  • 82 Walkscore-Very Walkable
  • Across from Hilltop Mall
  • Strong Retail Corridor
  • Competitive Unit Mix
  • Walk to Clackamas County Red Soils Campus
  • Less than One Mile from Clackamas Community College

Description

Marcus & Millichap is pleased to present the Hilltop Manor Apartments, a 25 unit, two-story apartment community located in Oregon City. The property is strategically located just off of Molalla Avenue less than one-half mile from a host of national and regional retailers. The property consists of six buildings, built in 1976, and is spread out over a 1.24 acre lot. The unit mix is comprised of nine one-bed/one-bath units, eight two-bed/one bath townhomes, and eight three-bed/one and one-half bath units. There is an onsite leasing office connected to a workshop/storage area and an onsite laundry facility.

The property has undergone a number of improvements recently to the interior and exterior. 10 of the apartments have gone through a complete turnover which has included new laminate flooring, carpets, blinds, shower surrounds, bathroom sinks, light fixtures, upgraded kitchen counters, and paint throughout. Many of the appliances throughout the complex have been replaced. The buildings have vinyl windows and were painted within the last five years.

Map of 469 Hilltop Avenue, Oregon City, OR 97045 (Clackamas County)

Research for 469 Hilltop Avenue, Oregon City, OR 97045 (Clackamas County)

  • Demographics – Population, income & other demographics near 469 Hilltop Avenue
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building