Albany Multifamily Portfolio
420 - 430 1/2 SW 4th Ave
Albany, OR 97321
https://thebrokerlist.com/have/albany-multifamily-portfolio-97162
FOR SALE
Property Type:
MultiFamily Apartments
Last Verified:
May 26, 2020
Highlights
- 420 - 430 1/2 SW 4th = 5 Units plus Large 4bd 2.5bath Home
- 413 Washington = 3bd/2bath 1524sf Home Recently completely remodeled
- 442 4th = 3bd/2bth 1380sf Home/Office. Vacant
Description
Now available, closely located multifamily and single family portfolio. All properties include updates ranging from minor to major full interior and exterior renovations. 420-430 1/2 Tenants are MTM. 413 Washington is rented on a 6 month lease. 442 Sw 4th- Currently Listed for Lease both residentially and commercially as an office and is Vacant
Albany is the county seat of Linn County, and the 11th largest city in the State of Oregon. Albany is located in the Willamette Valley at the confluence of the Calapooia River and the Willamette River in both Linn and Benton counties, just east of Corvallis and south of Salem. The for sale Property is is several blocks from Albanys growing and thriving downtowns as well as blocks away from the Willamette River.
Building Size: 6064.0sq ft
Lot Size: 0.3 acres
Map of 420 - 430 1/2 SW 4th Ave, Albany, OR, 97321
What are Real Estate Incentives?
Real Estate incentives range widely and have been overlooked by the
Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
- U.S. Public: Many incentives focus on job creation and Affordable Housing
- Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
- Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
- Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
