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1500 2nd St
Umatilla, OR 97882

Marina Apartments · Multifamily Property For Sale · 80 Units

PROPERTY FACTS

No. Units 80
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 4.18 AC
Building Size 76,083 SF
Average Occupancy 94%
No. Stories 2
Year Built 1974
Parking Ratio 2.1/1,000 SF

Unit Amenities

  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Carpet
  • Freezer
  • Patio
  • Vinyl Flooring
  • Window Coverings

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

About 1500 2nd St , Umatilla, OR 97882

The subject property consists of two adjoining apartment complexes operated as one entity. Columbia Crest occupies the western portion of the site contains 48 units within eight two story buildings and was completed in 1974. The Marina occupies the east portion of the site and was completed between 1976 and 1979 contains 32 units in five two story buildings. Total site contains approximately 4.18 acres. Electric heat with individually metered electric paid by tenant. Landlord pays water, sewer and garbage. Owner recently (2014-2015) replaced siding, roofs, windows and doors on two of the six unit buildings for approximately

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $512.50 829
2+1 39 $637.50 792 - 969
3+1 37 $675.00 1,020

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 114911
  • 114940
  • 114945
Land Assessment
$182,170
Improvements Assessment
$1,862,430
Total Assessment
$2,044,600

zoning

Zoning Code R2
R2
  • Listing ID: 9724882

  • Date on Market: 10/24/2017

  • Last Updated:

  • Address: 1500 2nd St, Umatilla, OR 97882

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