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Cascade Village Apartments

Cascade Village Apartments

http://www.josephbernard.net/Cascade-Village-Apartments
Address:
710 N Broadway St, Estacada, Oregon 97023
Price:
$2,550,000
Units:
24
Price per unit:
$106,250
Cap Rate:
6.46%
Year Built:
1996

Highlights

  • Large Units with Upside in Rents
  • Stabilized Investment
  • Washer/Dryer hookups
  • 1996 Construction
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Cascade Village Apartments

Summary

The Cascade Village Apartments is a 24 unit apartment community located in Estacada, Oregon - an established community in Clackamas County just 30 miles Southeast of Portland.  The property was built in 1996, and features large 2BR and 3BR units with spacious floor plans and washer dryers in each unit.  The property has an additional 6 detached garages, which provide an additional source of income.  Many capital improvements have been completed over the past few years, including new roofs, parking lot, water heaters, security system, and interior upgrades.  The Cascade Village Apartments provides a stabilized investment opportunity, with proven upside in the rents - with recent turnover rents at $995 for the 2BR units, and $1,250 for the 3BR units.   


Highlights

  • Large Units with Upside in Rents
  • Stabilized Investment
  • Washer/Dryer hookups
  • 1996 Construction
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Cascade Village Apartments

Estacada, Oregon - an established community in Clackamas County just 30 miles Southeast of Portland.

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Cascade Village Apartments

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Cascade Village Apartments

Document Title Document Type
Property Flyer Adobe PDF
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Cascade Village Apartments

Phillip Barry
pbarry@josephbernard.net
Joseph Bernard, LLC
5200 SW Macadam Avenue
Suite 300
Portland, Oregon 97239
503.546.9390 Main
866.546.9390 Toll Free
503.546.9395 Fax
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