100 Gatch St - Apartments FOR SALE


Woodburn, OR 97071
$3,720,000 USD
503-218-4387
100 Gatch St, Woodburn, OR for Sale
$3,720,000 USD
Apartments - FOR SALE
1/12
null | 5.83% Cap Rate

100 Gatch St
Woodburn, OR 97071


OVERVIEW

-Well-maintained asset, long-term ownership with strong occupancy history -8% premium on recent lease trade-outs, future owner can capitalize on interior unit improvements to maximize rents -Diverse unit mix offering one, two, and three bedroom layouts - contributes to low turnover and strong tenant retention -Strong collections history with no delinquency -Woodburn is the location for Amazon's brand new fulfillment center/distribution hub - largest flex/industrial development in the state projected to add 2,500 jobs

FOR SALE DETAILS

PRICE

$3,720,000 USD

PRICE/SF

$228 USD /SF

# OF UNITS

20

PRICE/UNIT

$186,000

CAP RATE

5.83%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Villa Verdante

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

PARKING SPACES

31

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

RM

APN/PARCEL ID

513507

ASK ABOUT THIS PROPERTY

Benjamin MurphyCommercial Integrity NWMore Info
503-218-4387

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Benjamin MurphyCommercial Integrity NWMore Info
503-218-4387

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.