VALUE ADD REHAB OPPORTUNITY
The Manor Court Apartments is a 15 unit apartment community located in Milwaukie, Oregon. The property features single level duplex style apartments, on a rare low-density site of 1.47 acres. The community is comprised of large 2 bedroom/1 bath floor plans with washer dryer hookups, and select units with fireplaces. The strong location and unique attributes of the property make it a prime opportunity for an extensive rehab and re-positioning of the property. The current rents range from $500 to $1300, with the current average at $924. Currently there are 3 vacant units (20%), which are in need of extensive turnover work. This opportunity is being offered in AS IS condition.
*Square footages reported per the property manager, Buyer to verify.
- Province / State: Oregon
- City / Town: Milwaukie
- Postal code / ZIP: 97222