King City - In Contract
11773 SW King George Drive, Tigard, Oregon 97224
Description:King City is a 55 and over apartment community that offers an investor the opportunity to purchase a great community with good amenities on over 8.5 acres. Residents have golf course access.
Price: $16,000,000
Status: In Contract
Unit: 196
Unit Mix: King City consists of (135) 1-bed 1-baths, (21) 2-bed 1-baths and (40) 2-bed 2-bath apartments.
Floors: 2-3
Patio/Deck: Yes
Cover Parking: 85 Carports, Assigned
Siding: Wood
Heat Type: Electric
Storage: Yes
Pool: King City Civic Assn.
Roof Type: Pitched Comp
Garages: 17
Year Built: 1968
Building Size: 167608
Land Size: 8.55 Acres
Unit Price: 81683.0000
Price per SF: 96.2200
CAP Rate: 6.28%
GIM: 8.51
Rec Room: King City Civic Assn.
Fitness Center: King City Civic Assn.
Open Parking: Yes
Laundry Room: Yes
WD Hookup: Yes
Rental Office: Yes
On Site Manager: Yes