New Garden-Style Apartment
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17101 Ruben Lane, Sandy, OR 97055
69-unit apartment community built in 2022 in Sandy, Oregon.
Property Size62,409 SF
Days on Market111
Property Features for 17101 Ruben Lane
General Information
Standard status
Active
Size
62,409 SF
Class
B
Total Parking Spaces
128
Property subtype
Retail, Multifamily
Zoning
R3
Occupancy
100%
Investment Type
Core+
Net Operating Income
$1,111,755
Building Details
Year Built
2022
Buildings
6
Stories
3
Units
128
Listing Agency:
Capacity Commercial Group
(503) 222-2655
Listed By:
Nicholas Diamond · License #OR 200403266
Source:
Crexi
Added: May 12
Changed: Aug 21
Last Checked: Aug 26 at 11:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capacity Commercial Group
Investment Insights
Based on property information with market context.
The property is a 69-unit, garden-style apartment community constructed in 2022. It offers one- and two-bedroom homes averaging 904 square feet. The units feature modern interior finishes, stainless steel appliances, hard surface countertops, and luxury vinyl plank flooring. Situated just west of downtown Sandy, the property is nestled between residential homes and open green space, providing residents with a quiet and private lifestyle. The Sandy market is highly supply-constrained, presenting a rare opportunity to acquire a newly constructed asset. The active sewer moratorium in Sandy significantly limits the potential for near-term new development. The property offers stabilized performance, durable cash flow, and long-term value preservation in a market where new competition is structurally constrained. The property size is 62409 square feet.
Key Highlights
- Newly constructed in 2022, offering modern living.
- Located in a supply‑constrained market with a sewer moratorium limiting new development.
- Features high‑end interior finishes including stainless steel appliances, hard surface countertops, and luxury vinyl plank flooring.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
482
Businesses Nearby
Explore this area
Business Placement
Demographics for 97055, OR
20,606
Population
7,931
Households
2.6
Avg Household Size
39
Median Age
26%
College-Educated
95%
High-School Grad
112.6 sq mi
ZIP Area
183
Density / Sq Mi
$105,696
Median Household Income
$54,075
Median Earnings
$1,573
Median Rent
$472,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 69-unit apartment community built in 2022 in Sandy, Oregon.
Where is this apartment building located?
The property is located at 17101 Ruben Lane Sandy, OR.
What are key features of this property?
This property features: Newly constructed in 2022, offering modern living.; Located in a supply‑constrained market with a sewer moratorium limiting new development.; Features **high‑end interior finishes** including stainless steel appliances, hard surface countertops, and luxury vinyl plank flooring.
