SUNSET VILLA APARTMENTS

Location: Canby, Oregon

Sunset Villa Apartments is a garden-style multifamily asset located in the high-demand, low-supply submarket of Canby, Oregon. Built in 1977 and featuring classic 2-bedroom, 1-bath units averaging approximately 840 sq ft, the property caters to long-term renters seeking affordability, suburban living, and access to the highly regarded Canby School District. The asset benefits from consistent occupancy and minimal turnover, making it a dependable income-producing property.

Positioned as a value-add opportunity, Sunset Villa offers immediate upside through targeted unit modernization and operational efficiencies. The surrounding market is undersupplied with multifamily inventory, particularly product that appeals to families, providing a strong foundation for rent growth and long-term appreciation.

Property Details

  • Type of Property: Garden-Style Walk-Up

  • Status: Stabilized

  • Year Built: 1977

  • Total Units: Estimated 12–24 (TBD)

  • Unit Mix: All 2 Bed / 1 Bath

  • Avg Unit Size: ~840 sq ft

  • Tenant Profile: Families, long-term tenants, workforce housing

Investment Overview

  • Investment Date: TBD

  • Exit Date: Still Held

  • Initial Investment Amount: TBD

  • Projected Profit: TBD

  • Projected ROI: TBD

  • Hold Strategy: Cash-flowing hold with future value-add upside

Capital Structure

  • Equity: TBD

  • Debt: TBD

  • Leverage Strategy: Moderate leverage with opportunity to improve asset yield through renovations

Development Strategy

  • Operations: Well-maintained and consistently occupied

  • Interior Upgrades: Opportunity to modernize units to increase rent premiums

  • Exterior Appeal: Clean, suburban setting with potential for curb appeal improvements

  • Tenant Retention: High due to location within Canby School District and walkability to amenities

Investment Thesis

Sunset Villa Apartments is positioned to deliver predictable cash flow and long-term value through strategic improvements and strong tenant retention. Its location within an undersupplied rental market, combined with desirable unit layouts and stable operations, creates an attractive opportunity for yield-focused investors. With light interior modernization and operational enhancements, the property has clear potential for increased net operating income and asset appreciation over time.

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