Area: Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
Swimming Pool: No
Has Waterfront: No
Address: 13306 SE LINDEN LN
Neighborhood: Milwaukie, Gladstone, Happy Valley, Clckmas, Dmscus, Estacada
Twenty-20 two bedroom / 1 bath apartment units, 780 square feet each. Subject property has a stable/long-term operating history. Collected income: 2019($234,975), 2020($230,442 *modest Covid impact + five extensive unit turnovers resulted in temporary vacancies). Average current scheduled rent = $1,147 per unit. Highest rent currently achieved = $1,250. Primed for continued near-term income growth. New roofs in 2021 and sewer line to all 5 buildings in 2020.