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Orchard Court Apartments

Orchard Court Apartments

https://www.josephbernard.net/orchard-court-apartments-
Address:
1102-1162 Orchard Ct N, Keizer, Oregon 97303
Price:
$9,000,000
Units:
50
Price per unit:
$180,000
Cap Rate:
5.00%
Year Built:
1977

Highlights

  • 50 units in 10 buildings
  • Located on one quiet cul-de-sac
  • Washers and dryers inside units
  • New roofing and exterior paint
  • Well maintained and landscaped
  • Large 2 and 3-bedroom units
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Orchard Court Apartments

Summary

The Orchard Court Apartments are a well maintained, 50-unit complex on a quiet cul-de-sac in Keizer, Oregon. The property consists of 10 buildings and includes 8 garages with 16 total garage bays. There are 42, two-bedroom units, and 8, three-bedroom units that all include washers and dryers. There is an additional laundry room. The property also features off-street parking, balconies and well landscaped grounds. The offering is a fantastic opportunity to have a "value-add" potential deal without major deferred maintenance, as rents are below market, but the property is well maintained.

Highlights

  • 50 units in 10 buildings
  • Located on one quiet cul-de-sac
  • Washers and dryers inside units
  • New roofing and exterior paint
  • Well maintained and landscaped
  • Large 2 and 3-bedroom units

Orchard Court Apartments

Orchard Ct N/Windsor Island Rd N

Orchard Court Apartments

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Orchard Court Apartments

Document Title Document Type
Property Flyer Adobe PDF

Orchard Court Apartments

Bernard Gehret
bgehret@josephbernard.net
Joseph Bernard, LLC
5200 S Macadam Avenue
Suite 300
Portland, Oregon 97239
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax