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Colima Apartments 13001 S Crompton's Ln 36 Unit Apartment Building $7,250,000 ($201,389/Unit) 6.40% Cap Rate Molalla, OR 97038
Executive Summary
Colima Apartments presents an attractive multifamily investment opportunity in the growing community of Molalla. Well-located property offers stable rental demand in a market with limited housing supply and strong tenant retention. Situated in quiet residential setting with convenient access to downtown Molalla, schools, parks and major commuter routes to Oregon City.
Please do not disturb the residents. Please contact the Listing Broker for additional information regarding this opportunity. Colima Apartments is priced to sell at $209/SF, presenting a compelling value for investors seeking new construction multi-family asset.
Members of the ownership entity are Licensed Real Estate Brokers in the State of Oregon.
Please do not disturb the residents. Please contact the Listing Broker for additional information regarding this opportunity. Colima Apartments is priced to sell at $209/SF, presenting a compelling value for investors seeking new construction multi-family asset.
Members of the ownership entity are Licensed Real Estate Brokers in the State of Oregon.
Property Facts
| Price | $7,250,000 | Apartment Style | Low-Rise |
| Price Per Unit | $201,389 | Building Class | B |
| Sale Type | Investment | Lot Size | 1.13 AC |
| Cap Rate | 6.40% | Building Size | 29,623 SF |
| No. Units | 36 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2023 |
| Property Subtype | Apartment | Parking Ratio | 2/1,000 SF |
| Zoning | C2 | ||
| Price | $7,250,000 |
| Price Per Unit | $201,389 |
| Sale Type | Investment |
| Cap Rate | 6.40% |
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 1.13 AC |
| Building Size | 29,623 SF |
| No. Stories | 3 |
| Year Built | 2023 |
| Parking Ratio | 2/1,000 SF |
| Zoning | C2 |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Washer/Dryer
- Heating
- Stainless Steel Appliances
- Deck
- Patio
- Smoke Free
Site Amenities
- Property Manager on Site
- Smoke Free
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 693 |
| 2+2 | 24 | - | 933 |
| 3+2 | 6 | - | 1,110 |
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Property Taxes
| Parcel Number | 01089351 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,152,916 |
Property Taxes
Parcel Number
01089351
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,152,916
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Colima Apartments | 13001 S Crompton's Ln
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