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Canby Townhouse Apartments

Canby Townhouse Apartments

https://www.josephbernard.net/canby-townhouse
Address:
164 NE 4th Avenue, Canby, Oregon 97013
Price:
$1,922,500
Units:
35
Price per unit:
$54,929
Cap Rate:
7.35%
Year Built:
1968

Highlights

  • Large Townhouse Style Units
  • Washer / Dryers
  • New Vinyl Windows
  • New Roofs on 4 of 5 Buildings
  • Tenant Base & Operation History for 26 Years
  • Stable Ownership
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Canby Townhouse Apartments

Summary

The Canby Townhouse Apartments are a 35 unit community located in downtown Canby, Oregon. Built in 1968, this property features all townhouse style units with a tenant base and operation history for 26 years.

Capital improvements include new vinyl windows and insulation, and four out of the five roofs are new as well. Each unit has a washer / dryer, and there is a utility bill back program which provides additional annual income.

Highlights

  • Large Townhouse Style Units
  • Washer / Dryers
  • New Vinyl Windows
  • New Roofs on 4 of 5 Buildings
  • Tenant Base & Operation History for 26 Years
  • Stable Ownership
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Canby Townhouse Apartments

The city of Canby is located approximately 25 miles south of Portland and 30 miles north of Salem in Clackamas County, Oregon.  It is approximately 3.8 square miles large and is home to over 15,000 people.  Canby is separated from neighboring cities by large stretches of farmland and rolling hills, as well as the Willamette River.

The city's bus system is Canby Area Transit (CAT), which is free and offers connections to Portland's TriMet bus system in Oregon City and Wilsonville.

Canby is home to Clackamas Fairgrounds as well as several golf courses, wineries, gardens, and several smaller scale museums.  Some of the larger employers in Canby include the Canby School District, Cutsforth Thriftway, and Willamette Egg Farms.

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Canby Townhouse Apartments

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Canby Townhouse Apartments

Document Title Document Type
Property Flyer Adobe PDF
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Canby Townhouse Apartments

Bernard Gehret
bgehret@josephbernard.net
Joseph Bernard, LLC
5200 SW Macadam Avenue
Suite 300
Portland, Oregon 97239
503.546.9390 Main
866.546.9390 Toll Free
503.546.9395 Fax