16 unit community in central Canby. All units are 2 bed / 1 bath floor plans on a spacious 1.02 acre site. Offered at $2,695,000 with an attractive -6.25% in place cap rate, proven consistency cash flow for years, stable long-term occupancy, RUBS utility reimbursements, strong historical operations and clear upside through continued unit upgrades and market rent growth. Member(s) of the ownership entity are Licensed Real Estate Brokers in the State of Oregon.
Listing Provided Courtesy of Eric Swanson, SMI Commercial Real Estate LLC
General Information
551246483
18
DOM
2
1.02 acres
1
1
1977
R2
Clackamas
00797187
Other
Baker Prairie 2/10
Canby 5/10
MultiFamily
2163 POPPS ADDITION LT 1 BLK 1
Listing Provided Courtesy of Eric Swanson, SMI Commercial Real Estate LLC
Krishna Realty data last checked: Feb 21, 2026 23:19 | Listing last modified Feb 03, 2026 14:23,
Source:
16 unit community in central Canby. All units are 2 bed / 1 bath floor plans on a spacious 1.02 acre site. Offered at $2,695,000 with an attractive -6.25% in place cap rate, proven consistency cash flow for years, stable long-term occupancy, RUBS utility reimbursements, strong historical operations and clear upside through continued unit upgrades and market rent growth. Member(s) of the ownership entity are Licensed Real Estate Brokers in the State of Oregon.
