Investment Overview

Located at approximately 38015 US-26, Sandy, Oregon 97055, The Sandy Multifamily and Self-Storage Development totals 46,500 square feet of gross building area, with 5,625 square feet of self-storage space and 32,400 square feet of multifamily space for a total rentable area of 38,025 square feet. The development is situated on a fully-entitled, 1.44 acre parcel of land that has been granted rare approval in Clackamas County for mixeduse self-storage and apartment units. Included with the sale are plans for 30 apartment units and 65 ground floor self-storage units; building permit ready for submission. The self-storage plans call for twenty-eight (28) 5’ x 10’, one (1) 5’ x 5’, twenty-five (25) 10’ x 15’, and eleven (11) 10’ x 15’ individually rentable suite. The multifamily plans call for one (1) one-bed/one-bath floorplans averaging 622 square feet, seven (7) two-bed/one-bath floorplans averaging 777 square feet, eleven (11) two-bed/two-bath averaging 828 square feet, six (6) two-bed/two-bath with a den averaging 970 square feet and five (5) three-bed/two-bath averaging 970 square feet. The Sandy Multifamily and Self-Storage Development is set just off Oregon Highway 26, which is the main corridor between Portland and the multitude of recreational activities available on and around Mt. Hood. Within walking distance of the project are numerous local bars, restaurants, and boutique retailers, as well as national grocery stores and big box retailers.