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205 6th Ave SE
Albany, OR 97321
Sheridan Plaza · Multifamily Property For Sale · 33 Units

INVESTMENT HIGHLIGHTS

  • Substantial Renovations to Units Including $300,000 in Electric & Plumbing Fixtures, Counter Tops, Flooring, Appliances.
  • Unit Mix Consists Mainly of Desirable Two-Bedroom Floorplans.
  • New Membranes on Roofs, Gutters, Parking Lot, as well as Exterior Paint, Siding Repair and Professional Landscaping.
  • Laundry Room Offers an Investor the Opportunity to Collect Additional Income.

PROPERTY FACTS

No. Units 33
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.66 AC
Building Size 26,034 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1963/2023
Parking Ratio 1.06/1,000 SF
Zoning HM - 701 - Multi-Family Improved

AMENITIES

UNIT AMENITIES

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities
  • Walking/Biking Trails
  • Storage Space
  • Walk-Up

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 $981.00 600
2+1 24 $1,178 865
1+1.5 1 $1,195 900

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0090320
  • 0090312
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,833,910
  • Listing ID: 29981759

  • Date on Market: 11/6/2023

  • Last Updated:

  • Address: 205 6th Ave SE, Albany, OR 97321

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