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Jannsen Apartments 8856 SE Jannsen Rd 10 Unit Apartment Building $2,100,000 ($210,000/Unit) Clackamas, OR 97015
Investment Highlights
- 80% of the units have been remodeled in 2023-2026. Large lot allows for possible growth/development
Executive Summary
Prime investment property. Lot size offers possible growth options. Buyers to verify with city/county- HDR/AC zoned- High Density Residential (HDR) zoning designates land for, typically, 17 to 40+ dwelling units per acre, accommodating apartments, condos, and townhomes near transit/employment hubs. It promotes pedestrian-friendly, multi-story development to maximize land efficiency. It is distinct from HVAC/AC zoning, which refers to climate-controlled, multi-zone heating and cooling systems.
Property Facts
| Price | $2,100,000 | Building Class | C |
| Price Per Unit | $210,000 | Lot Size | 0.89 AC |
| Sale Type | Investment | Building Size | 8,100 SF |
| No. Units | 10 | Average Occupancy | 80% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1977 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | HDR / AC - HDR/AC- High Density Residential (HDR) zoning designates land for, typically, 17 to 40+ dwelling units per acre, accommodating apartments, condos, and | ||
| Price | $2,100,000 |
| Price Per Unit | $210,000 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.89 AC |
| Building Size | 8,100 SF |
| Average Occupancy | 80% |
| No. Stories | 2 |
| Year Built | 1977 |
| Opportunity Zone |
Yes |
| Zoning | HDR / AC - HDR/AC- High Density Residential (HDR) zoning designates land for, typically, 17 to 40+ dwelling units per acre, accommodating apartments, condos, and |
Amenities
Unit Amenities
- Dishwasher
- Washer/Dryer Hookup
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Dining Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 10 | $1,400 | 810 |
1 1
Bike Score®
Very Bikeable (77)
Property Taxes
| Parcel Number | 00473268 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $759,463 |
Property Taxes
Parcel Number
00473268
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$759,463
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Jannsen Apartments | 8856 SE Jannsen Rd
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