Bought with Non Rmls Broker
$9,000,000
$9,000,000
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48,724 SqFt
SOLD DATE : 07/20/2022
Key Details
Sold Price $9,000,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 48,724 sqft
Price per Sqft $184
MLS Listing ID 21597390
Sold Date 07/20/22
Year Built 1977
Annual Tax Amount $44,890
Tax Year 2021
Property Description
The Orchard Court Apartments are a well maintained, 50-unit complex on a quiet cul-de-sac. Consists of 10 buildings & includes 8 garages with 16 total garage bays. There are 42, 2 BD & 8, 3 BD units that all include W/D. There is an additional laundry room on-site, off-street parking, balconies & well landscaped grounds. The offering is a fantastic opportunity to have a "value-add" potential deal without major deferred maintenance, as rents are below market, but the property is well maintained.
Location
State OR
County Marion
Community Laundry
Area _178
Zoning RM
Interior
Heating Baseboard
Exterior
Community Features Laundry
View Y/N false
Garage No
Building
Lot Description Cul_de_sac
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Keizer
Middle Schools Claggett Creek
High Schools Mcnary
Others
Acceptable Financing Conventional
Listing Terms Conventional
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