The Terrace at Mount Scott

For Sale

10125 SE Bob Schumacher Road, Happy Valley, OR 97086

This Happy Valley property for sale is located at 10125 SE Bob Schumacher Road. The current listed sale price for The Terrace at Mount Scott is Unpriced Offering. The Terrace at Mount Scott is situated on a lot that is 2.8 acre in size.

Contacts

broker

Hugh Holtman

SVN | Imbrie Realty

(503) 208-9393

Property Details

  • Property Type Multi-Family
  • Property Size 55,600 SF
  • Units 52
  • Lot Size 2.8 Acre
  • Year Built 2006
  • Date Updated Mar 12, 2024
Located in Happy Valley, OregonThe Terrace at Mount Scott is a 52 unit LIHTC property in Happy Valley, OR, providing housing for income qualifying tenants who meet 50-60% of the area median income. Conveniently located in Clackamas County, with easy access to Interstate 205, the property boasts sweeping view and offers access to restaurants, shopping, and area amenities. The property was built and placed in service in 2006 utilizing the Section 42 Low Income Housing Tax Credit (LIHTC) program, with the competitive 9% tax credits, placing restrictions on 51 of the 52 units. Due to a Home Loan Agreement with Clackamas County, ten units were set aside to accommodate Low and High HOME units. Although out of the initial 15-year compliance period since the end of 2021, the affordable restrictions last until 2046.

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Highlights

  • Out of initial compliance period
  • In-unit Laundry
  • Sweeping views
  • Recently Updated HVAC
  • Controlled Access
  • Large units
  • Community Garden & Community Room
  • New roof in Dec 2021, warranty expires 2042

Getting around

  • 46/100

    Walk Score ®

  • 47/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Happy Valley, OR
  • Neighborhood Mount Scott South
  • Zip Code 97086
  • Market Portland

Points of Interest

  • Southeast Fuller Road

    0.30 miles

  • Clackamas Town Center Transit Center

    1.02 miles

  • Southeast Flavel Street

    1.21 miles

  • Lents Town Center/Southeast Foster Road

    2.08 miles

  • Southeast Holgate Boulevard

    2.82 miles

  • Southeast Powell Boulevard

    3.14 miles

  • Southeast Tacoma/Johnson Creek

    3.43 miles

  • Southeast Park Avenue

    3.48 miles

  • Milwaukie/Main Street

    3.49 miles

  • Southeast Division Street

    3.67 miles

  • Chevron

    0.49 miles

  • Shell

    0.60 miles

  • 76

    0.69 miles

  • Fred Meyer

    0.72 miles

  • Blink

    1.05 miles

  • Chevron

    1.24 miles

  • ChargePoint

    1.30 miles

  • Chevron

    1.32 miles

  • Chevron

    1.44 miles

  • Fastrak

    1.48 miles

  • SE Fuller Rd

    0.33 miles

  • Olena's Spa & Salon

    0.87 miles

  • Clackamas Town Center Parking Garage

    0.98 miles

  • Labor and Delivery Parking

    1.40 miles

  • Leach Auxiliary Parking

    2.26 miles

  • Red's parking lot

    2.76 miles

  • SE Holgate Blvd

    2.82 miles

  • Kern Park Christian Church

    2.96 miles

  • SE Powell Blvd

    3.11 miles

  • Milwaukie Presbyterian Church

    3.40 miles

  • Clarion Inn and Suites

    1.16 miles

  • Del Rancho Motel

    1.30 miles

  • Monarch Hotel

    1.38 miles

  • Courtyard

    1.48 miles

  • Econo Lodge

    2.76 miles

  • Hampton Inn & Suites

    2.90 miles

  • Clackamas Inn & Suites

    3.00 miles

  • Briarwood Suites

    3.30 miles

  • Best Value Motel

    3.35 miles

  • King's Row Inn

    3.41 miles

  • Walmart

    0.32 miles

  • American Freight

    0.39 miles

  • Burlington

    0.41 miles

  • Morrow Brothers Produce Market

    0.50 miles

  • WinCo Foods

    0.62 miles

  • Trader Joe's

    0.68 miles

  • TJ Maxx

    0.71 miles

  • Ross

    0.74 miles

  • Natural Grocers

    0.78 miles

  • JCPenney

    1.00 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Hugh Holtman

SVN | Imbrie Realty

(503) 208-9393