Sunset Villa Apartments located in central Canby. The property features all 2 bed / 1 bath floor plans situated on a spacious 1.02-acre site. An onsite manager’s office, onsite laundry facilities, and 33 off-street parking stalls support stable, long-term operations.Offered at $2,595,000 with a strong 6.50% in-place cap rate, the asset has produced consistent cash flow for years. Additional upside is supported by RUBS utility reimbursements and strong rental fundamentals in a supply-constrained market.Member(s) of the ownership entity are Licensed Real Estate Brokers in the State of Oregon.
45th
Dwelling Type: MultiFamily
Subdivision: N/A
Year Built: 1977, County: US
45th
Listing is courtesy of SMI Commercial Real Estate LLC
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