1650 NE Market Dr - Apartments FOR SALE
Fairview, OR 97024 |
$23,000,000 USD
503-222-2655
1650 NE Market Dr
Fairview, OR 97024
HIGHLIGHTS
OVERVIEW
71 Unit Apartment Complex in Beautiful Downtown Fairview
2022 Construction • 4 Ground Floor Retail Units
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Sale Price: $23,000,000
CAP Rate: 5.08%
Assumable Financing: 4.83%
Units: 71 Units with 1-Bed, 2-Bed, and Townhome-style Mix
Parking: 107 Total Stalls (43 Covered and 4 Handicap Stalls)
Retail Space: 4 Units (5,550 SF)
Building Gross Area: 64,404 SF
FOR SALE DETAILS
PRICE
$23,000,000 USD
PRICE/SF
$357 USD /SF
# OF UNITS
71
PRICE/UNIT
$323,944
CAP RATE
5.08%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Market Village Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
2022
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.59 AC
LAND SF
69,260 SF
ZONING
VMU
APN/PARCEL ID
R668077,R668078,R668079
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503-222-2655
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503-222-2655
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