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.
- Price:
- $9,000,000
- Bedrooms:
- 5
- Square Footage:
- 48,724
- Year Built:
- 1977
- Listing ID #:
- 21597390
- Street Address:
- 1162 Orchard Ct N
- City:
- Keizer
- State:
- Oregon
- Postal Code:
- 97303
- County:
- Marion
- Community:
- Marion Co: North Keizer
- Listing Status:
- Pending
- Listing Type:
- ResidentialMultiFamily
K-5
735 students
20 student/teacher
6-8
1000 students
20 student/teacher
9-12
2065 students
22 student/teacher
- Building Condition:
- Existing
- Rent Includes:
- Trash Collection, Sewer, Water, Maintenance Grounds
- Stories:
- 2
- Total Building Square Footage:
- 48724
- Unit 1 - Square Footage Available:
- 925
- Unit 1 Monthly Rent:
- 1052
- Unit 2 - Square Footage Available:
- 1035
- Unit 2 Monthly Rent:
- 1316
- Unit Features:
- Washer/Dryer
- Unit1 Bathrooms:
- 1
- Unit1 Bedrooms:
- 2
- Unit1 Features:
- Washer/Dryer
- Unit2 Bathrooms:
- 1
- Unit2 Bedrooms:
- 3
- Unit2 Features:
- Washer/Dryer
- Year Built:
- 1977
- Adjusted Gross Income:
- 654943
- Net Operating Income:
- 455400
- Conforms To Zoning:
- Rm
- Lot Description:
- Cul-De-Sac
- Lot Size:
- 3 To 4.99 Acres
- Community Features:
- Laundry
- Days On Market:
- 170
- Legal Description:
- Stratford Plaza, Lot 1-10, Acres 3.01
- List Date:
- 2021-12-01
- Originating Mls:
- Regional Multiple Listing Service, Inc.
- Terms:
- Conventional
- Property Taxes:
- $44,890
- Tax Year:
- 2021
- Heating Description:
- Baseboard
- Heating Fuel:
- Electricity
- Sewage Type:
- Public Sewer
- Water Amenities:
- Public Water
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Joseph Bernard LLC
-
All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated 5/21/2022 3:50 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
