1570 JAMES STWoodburn, OR 97071
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.
- Property Type:
MultiFamily
- Architectural Style:
- Bedrooms:
- Bathrooms:
- Dwelling Size:
0 Square Feet
- Lot Size:
1.27 Acres
- Lot Description:
- Stories:
2
- Year Built:
1970
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- Area:
_170
- Views:
- Schools:
High School(s): Woodburn
Middle School(s): French Prairie
Elementary School(s): Washington
- HOA:
- Senior Community:
- Heating:
WallHeater
- Cooling:
WindowUnit
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