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About the Listing CTCL01 - CCARLSON
Willamette Pointe Apartments presents a rare opportunity to acquire a fully stabilized, 24-unit apartment community in the heart of Oregon's I-5 Corridor. Comprised of six two-story buildings on 1.27 acres, the property was built in 1970 and extensively renovated in 2018 — including updated interiors, roofing, and exterior improvements — offering the operational profile of a modern asset at a compelling basis well below replacement cost. All 24 units are identically configured as two-bedroom, one-and-a-half-bath floor plans of 931 SF, providing management simplicity and broad tenant appeal. Located in Woodburn, Oregon — midway between Portland (30 miles) and Salem (20 miles) — the property benefits from a dual-metro employment base and an established renter population. In-place rents average $1,737 per unit.
Listing Highlights
Status
Active
Days on Site
11
Property Type
Multi-Family
MLS ®
229235186
Year Built
1970
Total Square Footage
0
Lot/Acreage
1.27
Interior Details
- Bedrooms: 48
- Bathrooms: 48 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: WallHeater
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Level
- Garage Capacity: N/A
- Zoning: RM
- Roof:
- Others: Updated/Remodeled
- Sewer: Public Sewer
Financial Details
- Tax Amount: $28,125
- Taxes w/Assessments: N/A
- Tax/Property ID: 107267
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
1570 James St Woodburn, OR 97071
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