725 NW Hickory St, Albany, OR 97321, USA
725 NW Hickory St, Albany, OR 97321, USA
$13,000,000
Request info
Listing Details
Descriptions
-
Description:
Multi-Family apartment complex in Albany on 2.25 acres with 48 total units. Strong rental performance, excellent local schools, great location near bus stop, retail shopping, downtown Albany and Park & Ride. Unit mix of 1, 2, & 3 bedrooms. High quality construction with many amenities including onsite managers office, fenced in dog park, private garden, AC, washer dryer, etc. With thoughtful site design and 40% open space landscaping it's a beautiful place for residents. Assumable loan at blended 3.63% interest rate.
Show all description
Property Information & Location
- State: 379
- County: Benton
- Cross Street: Nw North Albany Rd
- APN: 028641
- Lot Size, Acres: 2.25
- Lot Size, Sqft: 98010
- Zoning: MUC
- Property Taxes: 70977
- Property Tax Year: 2022
- Existing Utilities: Curb/Gutter, Streets, Electricity, Gas, Water, Sewer, Cable, Telephone, Irrigation
- Topography: Level
- Side of Street: North
Sale Terms
- Sale Type: Investment
- Cap Rate: 4.18%
Building Details
- Property Name: Hickory Hollow Apartments
- Building Status: Existing
- Gross Leasable Area (SF): 45108
- No. Buildings: 4
- Floors: 3
- Year Built: 2018
- Tenancy: Multiple
- Occupancy: 100%
- Parking Type: Surface
- ADA Compliant: Yes
Video
- Video:
Showing Instructions
- Lockbox: No
- Showing Instructions: Appointment Only, Call Listing Broker
- Listed By: James Hauge, Principal Broker | OR 200107093
- Broker's Phone Number: 503-877-2101
- Broker's Email: jamesh@legacyre.com
