503 N Knott St
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503 N Knott St
10 Unit Apartment Building $3,302,589 CAD ($330,259 CAD/Unit) 6.17% Cap Rate Canby, OR 97013
Investment Highlights
- 100% Occupied with long-term tenants
- Recent updates include landscaping and remodeled units
- Quiet location close to numerous amenities
Executive Summary
Marlon North Apartment Complex consisting of 10 garden units total on .63 acre. Recent updates include landscaping and remodeled units. 100% occupied with loyal, long-term tenants. Units are 2-BD, 1-BA, with wood-burning fireplaces and patios in ground-level units. Great quiet location close to numerous amenities including shopping and restaurants as well as access to I-5.
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Price | $3,302,589 CAD | Building Class | C |
Price Per Unit | $330,259 CAD | Lot Size | 0.63 AC |
Sale Type | Investment | Building Size | 12,090 SF |
Cap Rate | 6.17% | Average Occupancy | 100% |
No. Units | 10 | No. Stories | 2 |
Property Type | Multifamily | Year Built | 1989 |
Property Subtype | Apartment | Parking Ratio | 1.81/1,000 SF |
Apartment Style | Garden |
Price | $3,302,589 CAD |
Price Per Unit | $330,259 CAD |
Sale Type | Investment |
Cap Rate | 6.17% |
No. Units | 10 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | C |
Lot Size | 0.63 AC |
Building Size | 12,090 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built | 1989 |
Parking Ratio | 1.81/1,000 SF |
Amenities
- Smoke Detector
Unit Amenities
- Dishwasher
- Disposal
- Fireplace
- Washer/Dryer
- Ceiling Fans
- Refrigerator
- Range
- Patio
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+1 | 10 | - | 841 |
Walk Score ®
Very Walkable (77)
Bike Score ®
Very Bikeable (87)
PROPERTY TAXES
Parcel Number | 05001519 | Total Assessment | $1,229,773 CAD |
Land Assessment | $0 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
Improvements Assessment | $0 CAD | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
05001519
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,229,773 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023
zoning
Zoning Code | R2 (R2 - High-Density Residential - primarily residential dwellings with a minimum density of 14 units per acre.) |
R2 (R2 - High-Density Residential - primarily residential dwellings with a minimum density of 14 units per acre.) |
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503 N Knott St
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