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Pendleton, OR 97801

3200, Perkins Ave, Pendleton, OR 97802
$7,600,000

Description

Pendleton, OR 97801 (Status: Available)

3200, Perkins Ave, Pendleton, OR  97802

Canyon View Apartments feature 36 new 2-bed, 2-bath units fully leased and stabilized, in the growing Pendleton market. The property is available at an attractive cap rate for new construction in the current interest rate environment. Positioned in South Pendleton overlooking St. Anthony Hospital, the property’s quality and location have attracted high-quality tenants from top employers in the region. Since initial stabilization, rents have continued to grow to $1,500 per month on the most recent lease trade-outs, and 82% of the in-place loss to lease could be eliminated by the end of 2022. The property was constructed with high-quality finishes, including Speed Queen washers, dryers, and GE appliances in each unit. More documents including management and debt quotes, construction doc

Listing Details

Asset Class: Multi-Family
Year Built: 2021
Building Total Square Feet: 37800
Available Lease Space Square Feet: 37800
Number of Floors: 3
Total Parking Spaces: 0
Local Zoning Information: C-3

CBA

Listing Courtesy of: The Paragon Group

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. and should be verified by the buyer.

  • Address: 3200, Perkins Ave, Pendleton, OR 97802
  • City: Pendleton
  • State/county: OR
  • Zip/Postal Code: 97802
  • Neighborhood: Not Assigned
  • Country: United States

Detail

Updated on August 6, 2022 at 11:45 am

  • Property ID: 654429
  • Price: $7,600,000.00/For Sale
  • Property Size: 37800 Sq Ft
  • Property Type: Multi-Family
  • Property Status: Available

Contact info

Windermere Commercial
Windermere Commercial
360-676-5900

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