FOR SALE: 16 Units, Canby, Oregon: 7.38% Cap Rate

By October 6, 2015April 13th, 2021blog, Listed
New Listing: 16 Units for Sale by Bernard Gehret

New Listing: 16 Units for Sale by Bernard Gehret

Call Bernard Gehret at Joseph Bernard Investment Real Estate: 503-546-9390

Call Bernard Gehret at Joseph Bernard Investment Real Estate: 503-546-9390

 

This 16 unit property consists of large, one bedroom units with off-street parking and a laundry facility onsite.  The property is operated well by Princeton Property Management, and has a strong occupancy history for many years.

Spacious one bedrooms in the Rancho Real Apartments

Spacious one bedrooms in the Rancho Real Apartments

Each unit has a large one bedroom and bathroom area, plus a spacious kitchen in living room area.  Units feature dishwashers, relatively new appliances and look great!

Listed by Bernard Gehret, Joseph Bernard Investment Real Estate

Listed by Bernard Gehret, Joseph Bernard Investment Real Estate

 

Plus, the financials can’t be beat in this hot market:  7.38% cap rate on actual, in place rents.

Call Bernard Gehret for Details

Call Bernard Gehret for Details: 503-546-9390

 

Spacious one bedrooms at the Rancho Real

Spacious one bedrooms at the Rancho Real

 

Rancho Real Apartments Also has quality vinyl windows

Rancho Real Apartments Also has quality vinyl windows

*Thanks to Stephen Zimmerman for the great photos!

Bernard Gehret

Bernard Gehret

Joseph Bernard Investment Real Estate