Garden Court Apartments
1558 East 3rd Street, Newberg, OR 97132
Price$2,850,000
Number of Units12
Building Size13,200 sqft
Price/Unit$237,500
Property TypeMultifamily
Sub TypeTwo-Story
Cap Rate6.18%
Highlights
- Popular Floorplans — Popular townhome style units with W/D hookups
- Upgraded Units — Many units with interior upgrades such as LVP flooring
- Plentiful Parking — Covered parking with additional storage for every unit
- Great Location — High walkability & bike score
- Close to Area Colleges — Close proximity to George Fox University and Linfield College
Description
The Garden Court Apartments were built in 1970 and are comprised of 12 three-bedroom, one-and-a-half-bath townhouse style apartments. At 1,100 square feet, the spacious layouts consist of an open floor plan, modern kitchen amenities, and private fenced-in patios.
Three buildings, with wood-framed construction and pitched composition shingle roofs, make up the complex. All units have vinyl windows and sliders. One covered parking spot per unit.
All new exterior paint, gutters, and roof in 2019!
Listing Broker has partial ownership interest in subject property.
Gallery