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1301-1371 E Santiam St
Stayton, OR 97383

Price Upon Request

Apartments For Sale  •  53,884 SF

Property Details

  • Property Type Apartments
  • Total Building Size 53,884 SF
  • Lot Size 4.3 AC
  • Building Class C
  • Year Built 1998
  • Zoning MD
0 Transit Score
28 Walk Score

Highlights

LIHTC Section 42 Apartments
Townhouse style complex that was built in 1998
8% cap rate on the estimated re-capitalized amount (asking price plus an allowance of $750K in CapEx)
Value Add opportunity. Current rents are 20% below OHCS Approved rents for turnovers.

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Heating
  • Kitchen
  • Wheelchair Accessible (Rooms)
  • Public Transportation
  • Smoke Detector

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 75
Type: Surface
Included in Rent: Yes