Property Listing No Longer Available for Sale

14290 S. Marjorie Lane, Oregon City, OR

Multi-family for Sale - $20,000,000 - 233,792 Sq. Ft.


Property Info

CIMLS#324884
Location
  14290 S. Marjorie Lane
  Oregon City OR 97045
UpdatedJanuary 23rd, 2012
TypeMulti-family
Price$20,000,000
Building233,792 Sq. Ft.

Property Description

Description:Kingsberry Heights is an institutional-quality low-income housing tax-credit property in the Portland, Oregon suburb of Oregon City. It is the gold standard of low income housing projects and operates very similar to market rate apartments. Click here to see our custom website for this property and to request access to the complete offering memorandum.

Price: $20,000,000

Status: Available

County: Clackamas

Unit: 260

Unit Mix: (44) 1-bed 1-bath units (123) 2-bed 2-bath and (93) 3-bed 2-bath units

Floors: 3

Patio/Deck: Y

Siding: Vinyl

Heat Type: Electric

Playground: Yes, safety fenced

Pool: Seasonal adult and children's pools

Roof Type: Pitched Comp

Garages: 54 detachedYear Built: 1995

Building Size: 233792

Land Size: 15.29

Unit Price: 76923.0000

Price per SF: 85.5900

CAP Rate: 6.49%

Rec Room: Yes

Fitness Center: Yes

Open Parking: 500 striped

Laundry Room: Yes

WD Hookup: Yes

Rental Office: Yes

On Site Manager: Yes


Financials