469 Hilltop Avenue
Oregon City, OR 97045 ·
25 Units · Multifamily For Sale
|No. Units||25||Gross Rent Multiplier||6.74|
|Building Size||19,992 SF||No. Stories||2|
|Property Type||Multifamily||Year Built||1976|
|Property Sub-type||Garden/Low-Rise||Lot Size||53,923 SF|
|Property Use Type||Investment|
|Listing ID: 17895250||Date Created: 10/29/2012||Last Updated: 04/30/2013|
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.
- 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
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