135 N 3RD ST Jefferson, OR97352

$5,800,000
30 total units
2 total bedrooms
2 total bathrooms
$441,810 annual income
Capitilization Rate: 5.32
32976 total sq. ft
1 to 2.99 Acres
Elementary School: Jefferson
Middle School: Jefferson
High School: Jefferson
Zoning: R3
1343 days on market

VestorFilter™

Price per unit$193.3K/unit
Price per ft²$175.89/ft²
Price per acre$5.8M/ac
Price per bedroom$2900K/bed
Time on market1343 days

Property Description

Hazel Hollow Apartments is a desirable brand-new garden-style residential community located in Jefferson, OR. 952sf 2bed/2bath units. 30 total units. Each equipped with W/D, heating & AC, granite counter tops, private patio & stainless-steel appliances. Turn-key asset, has no immediate competitors. Prior to Certificate to Occupancy, 27 out of 30 units were preleased at asking rents without ANY concessions. Won't be subject to the States rent control ordinances for the first 15 years of ownership

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Financial Data

Date Sold2020-12-01
Sold Price$5,800,000
Original Price$5,900,000
Current Price$5,800,000
Property Taxes$451

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Home Facts

StatusSold
Year Built2020
Green/Energy SupplementNo
Exterior Features
MLS ID20554821

Unit Details

Unit 1