Search Results

2002 SW Canyon Dr

Home » All Multifamily Properties » Seattle & Northwest » 2002 SW Canyon Dr

Address: 2002 SW Canyon Dr, Redmond, OR 97756, USA

Seattle & Northwest + Apartment Buildings

Created date: July 9, 2024

Date last updated: September 8, 2024

20 attractive well-maintained townhome units
Prime location near shopping and community parks
Consistent monthly cash flow with upside potential in rental income
Turnkey operation for new owner
Large, fully equipped 3-bed 2.5-bath units
High demand and low market vacancy

Property Description

This 20-unit townhome complex in Redmond, OR offers a compelling investment opportunity. Spanning 29,400 square feet, the property features 3-bedroom, 2.5-bathroom units, each fully equipped with appliances. Strategically located near shopping and Quartz Park, this multi-family asset presents an attractive capitalization rate with upside potential in rental income. Investors seeking a stable, income-generating property in a desirable Oregon market will find this townhome complex an appealing addition to their portfolio. Built in 1999, this multifamily property is situated on 1.46 acres and features (20) 3-bedroom/2.5-bath units among three two-story townhome buildings. Each unit includes modern appliances such as a refrigerator, electric range, dishwasher, and microwave, as well as washer/dryer hook-ups. Residents also benefit from a single-car garage plus one parking space in front, with additional overflow parking in the northeast corner and street parking available. The complex is in excellent condition and has enjoyed long standing-tenancies and extremely high demand for units when they do become available.

Unavailable

Request Information

Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$4,400,000
No. of Units:	20
Year Built:	1999
Lot Size:	1.46 Sq ft
Opportunity Zone:	No
Price per unit:	$220,000
Property Website	Click Here