1212-1214 Division St | Oregon City, OR 97045
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1212-1214 Division St
Oregon City, OR 97045
Willamette Crest Apartments · Multifamily Property For Sale
·
24 Units
INVESTMENT HIGHLIGHTS
- Located in Clackamas County, A More Landlord Friendly Environment
- Recent Capital Improvements Including Roofs and Gutters (10 Years), Parking Lot Seal (5 Years), and Vinyl Windows (2006)
- Walking Distance to Major Hospital Creates Stronger Tenant Profile
- Strong In-Place Cash Flow, While Still Having 13% Upside in Rental Income
- Opportunity to Incorporate Utility Reimbursements
PROPERTY FACTS
| No. Units | 24 | Building Size | 18,868 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1972 |
| Building Class | C | Parking Ratio | 2.28/1,000 SF |
| Lot Size | 1.15 AC | ||
| Zoning | R6, Oregon City | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.15 AC |
| Building Size | 18,868 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 2.28/1,000 SF |
| Zoning | R6, Oregon City |
AMENITIES
UNIT AMENITIES
- Balcony
- Yard
- Patio
- Vinyl Flooring
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Pool
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | 631 |
| 2+1.5 | 12 | - | 785 |
| 3+1.5 | 4 | - | 1,100 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $1,628,784 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,628,784
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