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500 Jetty St
Hammond, OR 97121
The Jetty Street Apartments · Multifamily Property For Sale · 17 Units

PROPERTY FACTS

No. Units 17
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.70 AC
Building Size 13,515 SF
Average Occupancy 96%
No. Stories 2
Year Built/Renovated 1993/2015
Parking Ratio 1.48/1,000 SF

AMENITIES

UNIT AMENITIES

  • Balcony
  • Cable Ready
  • Heating
  • Kitchen
  • Oven
  • Range
  • Deck

SITE AMENITIES

  • Laundry Facilities

ABOUT 500 JETTY ST , HAMMOND, OR 97121

Prime Investment opportunity in a unique beach community. The Jetty Street Apartments is a well maintained 17 unit multifamily property just a short walk to the shore line and Jetty at the Columbia River and a short drive to Astoria and Seaside. This two story complex features 3 separate buildings consisting of 15 large one bedrooms and 2 two bedrooms with balconies and decks. Very low vacancy rate and potential upside in rents. Current Owners are out of State. Monthly Income is projected($14,560)....Current Income is $13,455

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 15 $812.50 670
2+1 2 $1,050 840

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
55309
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$811,432
  • Listing ID: 13808580

  • Date on Market: 9/17/2018

  • Last Updated:

  • Address: 500 Jetty St, Hammond, OR 97121

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