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$9,000,000
1162 Orchard Ct N, Keizer, OR 97303
5 Beds
2 Baths
48,724 sqft

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Listing Provided By Joseph Bernard LLC
The Orchard Court Apartments are a well maintained, 50-unit complex on a quiet cul-de-sac. Consists of 10 buildings & includes 8 garages with 16 total garage bays. There are 42, 2 BD & 8, 3 BD units that all include W/D. There is an additional laundry room on-site, off-street parking, balconies & 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.
  • Price:
  • $9,000,000
  • Bedrooms:
  • 5
  • Square Footage:
  • 48,724
  • Year Built:
  • 1977
  • Listing ID #:
  • 21597390
  • Street Address:
  • 1162 Orchard Ct N
  • City:
  • Keizer
  • State:
  • Oregon
  • Postal Code:
  • 97303
  • County:
  • Marion
  • Community:
  • Marion Co: North Keizer
  • Listing Status:
  • Pending
  • Listing Type:
  • ResidentialMultiFamily
  • Building Condition:
  • Existing
  • Rent Includes:
  • Trash Collection, Sewer, Water, Maintenance Grounds
  • Stories:
  • 2
  • Total Building Square Footage:
  • 48724
  • Unit 1 - Square Footage Available:
  • 925
  • Unit 1 Monthly Rent:
  • 1042
  • Unit 2 - Square Footage Available:
  • 1035
  • Unit 2 Monthly Rent:
  • 1316
  • Unit Features:
  • Washer/Dryer
  • Unit1 Bathrooms:
  • 1
  • Unit1 Bedrooms:
  • 2
  • Unit1 Features:
  • Washer/Dryer
  • Unit2 Bathrooms:
  • 1
  • Unit2 Bedrooms:
  • 3
  • Unit2 Features:
  • Washer/Dryer
  • Year Built:
  • 1977
  • Adjusted Gross Income:
  • 648596
  • Net Operating Income:
  • 449860
  • Conforms To Zoning:
  • Rm
  • Lot Description:
  • Cul-De-Sac
  • Lot Size:
  • 3 To 4.99 Acres
  • Community Features:
  • Laundry
  • Days On Market:
  • 56
  • Legal Description:
  • Stratford Plaza, Lot 1-10, Acres 3.01
  • List Date:
  • 2021-12-01
  • Originating Mls:
  • Regional Multiple Listing Service, Inc.
  • Terms:
  • Conventional
  • Property Taxes:
  • $44,890
  • Tax Year:
  • 2021
  • Heating Description:
  • Baseboard
  • Heating Fuel:
  • Electricity
  • Sewage Type:
  • Public Sewer
  • Water Amenities:
  • Public Water
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Joseph Bernard LLC
  • All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated 1/27/2022 4:53 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. ORREG

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