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16809 Chula Vista Ave

1,942 SF Flex Condo Unit Offered at $1,208,250 in Sandy, OR 97055

Executive Summary

3 Investment Properties, leased with Professional Property Management. Call listing Broker for details. Buyers pre-approval, and or statement of cash accounts using OREF Forms to present offers. Viewing during due diligence / inspection. Title to be First American Title - Christina Brusco. Seller incentives include: Up to $5000 in Buyer Closing Costs. Do not disturb Residents. 16809 (Lot 29) - 16813 (Lot 30) - 16817 (Lot 31) Chula Vista Ave. Do not disturb Residents. 3 NEWER TURN-KEY INVESTMENT PROPERTIES in beautiful Sandy, Oregon gateway to Skiing and Mt Hood Recreation area. Local 5 Star Property Management with long-term lease in place. Large luxury 3 bedroom & 2.5 bath Townhomes with Garage. Open kitchen, quartz counter tops, stainless steel appliances & gas stove. Laminate floors throughout kitchen, dining and living area. Walk to theater, parks, shopping and restaurants. Excellent 1031 Exchange opportunity!

Property Facts

Price $1,208,250
Unit Size 1,942 SF
No. Units 1
Total Building Size 7,288 SF
Property Type Multifamily (Condo)
Sale Type Investment
Building Class C
Floors 3
Typical Floor Size 2,429 SF
Year Built 2018
Parking Ratio 1.08/1,000 SF

1 Unit Available

Unit 3

Unit Size 1,942 SF
Price $1,208,250
Price Per SF $622.17
Condo Use Flex
Sale Type Investment
Cap Rate 5.00%
NOI $60,412.50
APN/Parcel ID 05022186
Description

Each unit offers 3 bedrooms, 2.5 baths, and an attached garage.

3 Investment Properties, leased with Professional Property Management. Call listing Broker for details. Buyers pre-approval, and or statement of cash accounts using OREF Forms to present offers. Viewing during due diligence / inspection. Title to be First American Title - Christina Brusco. Seller incentives include: Up to $5000 in Buyer Closing Costs. Do not disturb Residents. 16809 (Lot 29) - 16813 (Lot 30) - 16817 (Lot 31) Chula Vista Ave. Do not disturb Residents.


3 NEWER TURN-KEY INVESTMENT PROPERTIES in beautiful Sandy, Oregon gateway to Skiing and Mt Hood Recreation area. Local 5 Star Property Management with long-term lease in place. Large luxury 3 bedroom & 2.5 bath Townhomes with Garage. Open kitchen, quartz counter tops, stainless steel appliances & gas stove. Laminate floors throughout kitchen, dining and living area. Walk to theater, parks, shopping and restaurants. Excellent 1031 Exchange opportunity!

Sale Notes

Offering 3 single family residential units, measuring 1,942 SF per space for a combined total of 5,826 total available SF.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 4 - 1,822

zoning

Zoning Code R3 (33.120 Multi-Dwelling Zones are intended to preserve land for urban housing and to provide opportunities for multi-dwelling housing.)
R3 (33.120 Multi-Dwelling Zones are intended to preserve land for urban housing and to provide opportunities for multi-dwelling housing.)
  • Listing ID: 34082495

  • Date on Market: 12/4/2024

  • Last Updated:

  • Address: 16809 Chula Vista Ave, Sandy, OR 97055

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