Exclusive Offering
Sunshine Court
690 SW 9th St. Hermiston, OR 97838
A 44-unit multifamily investment opportunity situated on approximately four acres in Hermiston, Oregon.
Pricing
$6,200,000
$140,909 Per Unit
Marcus & Millichap is pleased to exclusively present Sunshine Court Apartments, a 44 unit multifamily investment opportunity located in Hermiston, Oregon. Situated on approximately four acres, the property consists of eight residential buildings including three eightplexes and five fourplexes, originally constructed in 1973.
Full financials and property information are available on the Offering Memorandum.
Property Overview
A Well-Maintained Multifamily Asset
Ownership has demonstrated exceptional pride of ownership through professional management, proactive maintenance, and a comprehensive capital improvement program. More than 75% of the units have undergone interior renovations, including newer appliances, updated flooring with luxury vinyl plank and linoleum, modern cadet heating systems, and in wall air conditioning.
Unit Summary
Unit Mix
| Unit Type | # Units | Approx SF |
|---|---|---|
| 1 Bed / 1 Bath Flat | 22 | 600 |
| 2 Bed / 1 Bath Flat | 22 | 750 |
| Totals / Weighted Avg | 44 | 675 |
Rentable SF: 33,000. Lot size: 4.00 acres. Parking: 50+ spaces.
Gallery
Property Photos
Location
Hermiston, Oregon
Hermiston, Oregon, the largest city in Eastern Oregon, has emerged as one of the Pacific Northwest's most dynamic and economically resilient secondary markets. Strategically located along Interstate 84 near the Columbia River and less than 40 miles from the Tri-Cities metropolitan area, Hermiston benefits from direct access to one of the largest economic centers in the Inland Northwest.
Hermiston functions as the commercial, employment, healthcare, and retail center for much of Eastern Oregon while simultaneously benefiting from its integration with the larger Columbia Basin economy. The city's regional significance, affordability, and strategic location have fueled consistent population growth and attracted substantial public and private investment.
Downloads
Offering Memorandum
The complete Offering Memorandum includes financial analysis, rent roll, pricing detail, market overview, and demographics. Execute the Confidentiality Agreement to download.
Contact
Listing Advisors
Nygel Drury
Senior Director Investments
Marcus & Millichap | The Rhoades Group
License OR 201232300
Whitney Rhoades
Managing Director Investments
Marcus & Millichap | The Rhoades Group
License OR 201204200