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Falcon Ridge Estates

215-247 Sherman Street, Sutherlin, Oregon 97479

$11,500,000

Status:
Available
Units:
60
Year Built:
2008
Unit Price:
$191,667
Land Size:
2.58 AC
Building Size:
57,472 sq. ft.
Price per SF:
$200
CAP Rate:
5.88%
Unit Mix:

Eight (8) one-bedroom, one-bathroom units, forty-eight (48) two-bedroom, two-bathroom units, and four (4) three-bedroom, two-bathroom units. 

Floors:
2
WD in unit:
Yes
Garages:
Yes
Storage:
Yes
Patio Deck:
Yes
Property Photo

Introducing Falcon Ridge Estates, a 60-unit apartment community in Sutherlin, OR. The property comprises spacious studios and one-, two-, and three-bedroom apartments with desirable amenities including fully equipped kitchens with dishwashers and built-in microwaves, faux-wood flooring, in-unit washers and dryers, large patios and balconies with extra storage, and vaulted ceilings in top-floor apartments. The landscaped community features carports, available garages and storage units, covered bike racks, and on-site laundry.

Falcon Ridge Estates is well-located in Sutherlin just minutes from the historic downtown to the east with incredible access to I-5 to the west. Residents benefit from this small town feel amid a beautiful mountainous landscape with urban amenities just a short drive away in major nearby cities like Roseburg.

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60
Units
2008
Year Built
57,472
SQ. FT.

Property Location