1301-1371 E Santiam St | Stayton, OR 97383
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- LoopNet Team
1301-1371 E Santiam St
Stayton, OR 97383
Wolf Ridge · Multifamily Property For Sale
·
51 Units
INVESTMENT HIGHLIGHTS
- LIHTC Section 42 Apartments
- 8% cap rate on the estimated re-capitalized amount (asking price plus an allowance of $750K in CapEx)
- Townhouse style complex that was built in 1998
- Value Add opportunity. Current rents are 20% below OHCS Approved rents for turnovers.
PROPERTY FACTS
| No. Units | 51 | Lot Size | 4.30 AC |
| Property Type | Multifamily | Building Size | 53,884 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1998 |
| Building Class | C | Parking Ratio | 1.39/1,000 SF |
| Zoning | MD - Residential. | ||
| No. Units | 51 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.30 AC |
| Building Size | 53,884 SF |
| No. Stories | 2 |
| Year Built | 1998 |
| Parking Ratio | 1.39/1,000 SF |
| Zoning | MD - Residential. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 27 | $703.00 | 850 |
| 3+1.5 | 24 | $816.50 | 1,250 |
PROPERTY TAXES
| Parcel Number | 534631 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $516,680 |
PROPERTY TAXES
Parcel Number
534631
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$516,680
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