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11551-11561 Wilco Hwy NE
Mount Angel, OR 97362
Zollner Creek Apartment · Multifamily Property For Sale · 9 Units

INVESTMENT HIGHLIGHTS

  • Upadated in recent 5yrs appliances, paint, fixtures, flooring, exterior , landscaping, new laundry room, storage units, well pump, well house, etc
  • Separately metered! tenants pay gas and electric
  • Low maintenance property with Dog Park, outdoor covered lounge, play court, RV Parking, Laundry room serviced by third party
  • Low Holding costs - unbelievably low property taxes and utilities
  • Well house installed 2017 so there is no water bill and septic in 1999/2000 with minimal costs to have serviced by third party
  • Flexible property with upside potential for an owner wanting to further increase cashflow

PROPERTY FACTS

No. Units 9
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 2.75 AC
Building Size 5,608 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1965/2020
Parking Ratio 4.28/1,000 SF
Zoning EFU

AMENITIES

UNIT AMENITIES

  • Heating
  • Kitchen
  • Oven
  • Tub/Shower
  • Yard

SITE AMENITIES

  • Laundry Facilities
  • Basketball Court
  • Pet Play Area
  • Storage Space
  • Bicycle Storage

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 1 $995.00 480
2+1 4 $846.50 534
3+1 4 $1,190 748

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
514337
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$123,210
  • Listing ID: 25037690

  • Date on Market: 2/11/2022

  • Last Updated:

  • Address: 11551-11561 Wilco Hwy NE, Mount Angel, OR 97362

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