- ADDRESS:
- 340 S LOCUST ST Canby, OR 97013
- Price:
- $2,695,000
- Units:
- 16
- Acres:
- 1.02
- Unit 1:
- 2 Bed 1.0 Bath
- Unit 2:
- 2 Bed 1.0 Bath
- Unit 3:
- 2 Bed 1.0 Bath
- Unit 4:
- 2 Bed 1.0 Bath
- Unit 5:
- 2 Bed 1.0 Bath
- Unit 6:
- 2 Bed 1.0 Bath
- Unit 7:
- 2 Bed 1.0 Bath
- Unit 8:
- 2 Bed 1.0 Bath
- Unit 9:
- 2 Bed 1.0 Bath
- Unit 10:
- 2 Bed 1.0 Bath
- Unit 11:
- 2 Bed 1.0 Bath
- Unit 12:
- 2 Bed 1.0 Bath
- Unit 13:
- 2 Bed 1.0 Bath
- Unit 14:
- 2 Bed 1.0 Bath
- Unit 15:
- 2 Bed 1.0 Bath
- Unit 16:
- 2 Bed 1.0 Bath
- MLS#:
- 551246483
- Lot Size:
- 1 to 2.99 Acres
- Type:
- Multi
- Zone:
- R2
- Yr Built:
- 1977
- Taxe/yr:
- $18,755.23
- County:
- Clackamas
- Status:
- Active
- Levels:
- 2
- Heat:
- Other
- Elem:
- Other
- Middle:
- Baker Prairie
- High:
- Canby
- Area:
- Oregon City, Beavercreek, Canby, Molalla, Mulino
- Courtesy of:
- SMI Commercial Real Estate LLC
- Remarks:
- 16 unit community in central Canby. All units are 2 bed / 1 bath floor plans on a spacious 1.02 acre site. Offered at $2,695,000 with an attractive -6.25% in place cap rate, proven consistency cash flow for years, stable long-term occupancy, RUBS utility reimbursements, strong historical operations and clear upside through continued unit upgrades and market rent growth. Member(s) of the ownership entity are Licensed Real Estate Brokers in the State of Oregon.