Hazel Hollow Apartments is a desirable brand-new garden-style residential community located in Jefferson, OR. 952sf 2bed/2bath units. 30 total units. Each equipped with W/D, heating & AC, granite counter tops, private patio & stainless-steel appliances. Turn-key asset, has no immediate competitors. Prior to Certificate to Occupancy, 27 out of 30 units were preleased at asking rents without ANY concessions. Won't be subject to the States rent control ordinances for the first 15 years of ownership
Off market
$6,806,300
135 N 3rd St, Jefferson, OR 97352
2beds
2baths
32,976sqft
MultiFamily
Built in 2020
-- sqft lot
$6,806,300 Zestimate®
$206/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Washer
Features
- Individual Storage Units
- Flooring: Carpet, Linoleum / Vinyl
Interior area
- Total interior livable area: 32,976 sqft
Property
Features
- Patio & porch: Deck Storage
- Exterior features: Wood
Lot
- Size: 1.34 Acres
- Features: Corner Lot, Views, 1 to 2.99 Acres
Details
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- New Construction
- Year built: 2020
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Security
- Security features: Fire Sprinkler System
Location
- Region: Jefferson
HOA & financial
Other financial information
- Total actual rent: 1150
Other
Other facts
- ViewYN: true
- Sewer: Public Sewer
- WaterSource: Public
- Zoning: R3
- Heating: Forced Air
- RoadSurfaceType: Paved
- NewConstructionYN: true
- Appliances: Dishwasher, Refrigerator, Washer/Dryer
- HeatingYN: true
- Utilities: Electricity Connected
- CoolingYN: true
- FoundationDetails: Slab
- PropertyCondition: New Construction
- ConstructionMaterials: Wood Siding
- Roof: Composition
- LotFeatures: Corner Lot, Views, 1 to 2.99 Acres
- NumberOfUnitsTotal: 30
- FarmLandAreaUnits: Square Feet
- Cooling: Central Air, Air Conditioning
- SecurityFeatures: Fire Sprinkler System
- ParkingFeatures: Paved
- TotalActualRent: 1150
- View: Territorial
- CapRate: 5.32
- MlsStatus: Pending
- InteriorFeatures: Individual Storage Units
- PatioAndPorchFeatures: Deck Storage
- GrossIncome: 441810
- NetOperatingIncome: 313986
- OperatingExpense: 105733
- Road surface type: Paved