Maple Terrace Apartments | 1535 SE Maple St
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Maple Terrace Apartments 1535 SE Maple St
50 Unit Apartment Building $16,032,285 CAD ($320,646 CAD/Unit) 5.55% Cap Rate Hillsboro, OR 97123
INVESTMENT HIGHLIGHTS
- Charming 2-Bedroom, 1 Bath Units!
- Located in Desirable Hillsboro, OR; Close Proximity to Numerous Amenities;
- Bike Score of 76: Considered "Very Bikeable"!
- Units Include Parking, Vinyl Plank Floors, Storage Space, & More;
- Walk Score of 64: Considered "Somewhat Walkable";
EXECUTIVE SUMMARY
Great Well Kept Property; Don't Miss Out; Avg In-Place Rents of $1422, Plus Utility Reimbursements. Many Recent Upgrades!
PROPERTY FACTS
| Price | $16,032,285 CAD | Building Class | C |
| Price Per Unit | $320,646 CAD | Lot Size | 2.27 AC |
| Sale Type | Investment | Building Size | 37,416 SF |
| Cap Rate | 5.55% | Average Occupancy | 94% |
| No. Units | 50 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1971 |
| Property Subtype | Apartment | Parking Ratio | 1.22/1,000 SF |
| Apartment Style | Garden |
| Price | $16,032,285 CAD |
| Price Per Unit | $320,646 CAD |
| Sale Type | Investment |
| Cap Rate | 5.55% |
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.27 AC |
| Building Size | 37,416 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 1.22/1,000 SF |
UNIT AMENITIES
- Balcony
- Storage Space
- Kitchen
- Granite Countertops
- Hardwood Floors
- Carpet
SITE AMENITIES
- Laundry Facilities
- Playground
- Property Manager on Site
- Laundry Service
- Online Services
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | - | 576 |
| 2+1 | 38 | - | 766 - 792 |
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Bike Score®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | R0316027 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,569,228 CAD |
PROPERTY TAXES
Parcel Number
R0316027
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,569,228 CAD
ZONING
| Zoning Code | A2, Hillsboro (multi-unit residential) |
| A2, Hillsboro (multi-unit residential) |
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Maple Terrace Apartments | 1535 SE Maple St
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