SOLD: The Hudson Apartments, a 20 unit apartment building sold for $2,850,000 on December 31,2020.  The property features 20 one-bedroom units, located in a quiet setting with views of Oregon City.  The sellers completed a number of capital expenditure items recently, and renovated five of the twenty units.

Property Details

Close Date:

12/31/2020

Sale Price:

$2,850,000

Units:

20

Price/Unit:

$142,500

Sq Ft:

11,600

Price/Sq Ft:

$245.69

Year Built:

1966

Cap Rate:

5.50%

The listing brokers on the transaction was Georgie Christensen and Alex Peterson, and Bernard Gehret represented the buyers.  For more information on this deal or the market, call Bernard Gehret at 503.546.9390.