The Terrace at Mount Scott

10125 SE Bob Schumacher Road, Happy Valley, OR 97086

  • For Sale Unpriced Offering
  • 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

Contacts

broker

Hugh Holtman

SVN | Imbrie Realty

(503) 208-9393

Location

Getting Around

  • Walk Score ®

    46/100 Car-Dependent

  • Bike Score ®

    47/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Subway

    0.32 miles

  • Carl's Jr.

    0.46 miles

  • Krispy Kreme

    0.46 miles

  • Applebee's

    0.47 miles

  • Jimmy John's

    0.49 miles

  • Sunny's Diner

    0.50 miles

  • Jack in the Box

    0.50 miles

  • Arawan

    0.53 miles

  • Arby's

    0.54 miles

  • McDonald's

    0.54 miles

  • Mount Scott Elementary School

    0.58 miles

  • Northwest College Of Hair Design

    0.90 miles

  • Lot Whitcomb Elementary School

    1.03 miles

  • Phagans School of Hair Design

    1.07 miles

  • Clackamas Middle College

    1.11 miles

  • Christ the King Parish School

    1.16 miles

  • La Salle High School

    1.27 miles

  • Clackamas Community College

    1.43 miles

  • Kelly Center Head Start

    1.48 miles

  • Whitman Elementary School

    1.50 miles

  • Milwaukie Covenant Church Preschool and Kindergarten

    1.86 miles

  • Happy Valley Children's Garden

    2.14 miles

  • Sweet Pea Preschool

    2.50 miles

  • The Homestead Schoolhouse

    3.18 miles

  • YMCA Child Care

    3.23 miles

  • Shannon's Child Care & Preschool

    3.72 miles

  • Wow and Flutterville Playgarden

    3.82 miles

  • Uno Dos Tres Academy

    3.83 miles

  • YMCA Child Care

    3.91 miles

  • Early Learning Center

    3.96 miles

Frequently Asked Questions

What is the total square footage of The Terrace at Mount Scott?

The Terrace at Mount Scott totals 55,600 square feet.

When was this property built?

The Terrace at Mount Scott was built in 2006.

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Contact Listing Broker

broker

Hugh Holtman

SVN | Imbrie Realty

(503) 208-9393