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Linn County · Albany

Sell Your Commercial Property In Albany, OR

Skyline Capital Investments buys commercial apartment buildings of 5+ units in Albany and across Linn County — listed or off-market, stabilized or value-add. Get clear feedback on your deal, typically within 48 hours.

  • Clear feedback on your deal, typically within 48 hours
  • 5 to 100+ units, stabilized or distressed, listed or off-market
  • Owners, agents, and brokers welcome — every conversation is confidential

We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits

Where We Look: Downtown Albany · North Albany · Millersburg · Lebanon — Linn County, OR

Local Demand

Our View On Albany

Albany, OR is a Linn County city of 56,839 people, per ACS 2020-2024. Median household income in Albany is $78,114, and median gross rent is $1,372 a month.

Owners who want to sell commercial property in Albany, OR will find the numbers buyers use here. That covers renter demand, HUD FY2027 fair market rents, Linn County tax rates and Oregon tenancy rules.

We buy across Downtown Albany, North Albany, Millersburg and Lebanon, so you can sell multifamily property in Albany directly.

01

ATI specialty metals

ATI's 2022 Form 10-K places titanium vacuum arc re-melting in Albany and zirconium alloy production in neighboring Millersburg.
02

Linn-Benton Community College

LBCC runs a 104-acre Albany campus; more than 12,000 students take at least one class, per its 2025-26 catalog.
03

Samaritan Albany General Hospital

Samaritan Albany General Hospital is a 79-bed acute care facility on 6th Avenue SW, serving Albany since 1924.

Our Buy Box

What We Buy In Albany

Full Buy Box

Asset Type

Multifamily, 5+ Units

Apartment buildings and income-producing residential.

Size

5 – 100+ Units

Sweet spot: 15–25 units.

Condition

Stabilized To Distressed

Value-add, mismanaged, and high-vacancy properties welcome.

Deal Types

Listed Or Off-Market

Direct-to-owner, pocket listings, portfolios.

Local Market Data

Albany Apartment Market

Figures gathered October 2026 from public market data.

41.1% Renter-occupied homes 9,006 Albany households, ACS 2020-2024
$1,372 Median gross rent Albany city, per month, ACS 2020-2024
14.9% Homes in 5+ unit buildings 3,395 Albany homes, ACS 2020-2024
54.5% Renters paying 30%+ of income Albany renter households, ACS 2020-2024
$1,726 2-bedroom Fair Market Rent Albany, OR MSA, HUD FY2027
$19.9016 Tax rate, code area 00801 Per $1,000 assessed value, Linn County 2025-26

Who rents in Albany

Albany has 9,006 renter households, 41.1% of its 21,933 occupied homes, per the ACS 2020-2024 tenure table. Linn County as a whole rents at 33.1%.

Buildings with five or more units hold 3,395 Albany homes, or 14.9% of the stock, per ACS units in structure. Albany's median home was built in 1983, and 48.1% predate 1980, per ACS year built.

Albany rents and affordability

Median gross rent in Albany was $1,372 a month in ACS 2020-2024, per table B25064. That sits 10.0% below Oregon's $1,525 median.

Rent takes 30% or more of income for 54.5% of Albany renter households, per ACS rent burden data. Owners who plan to sell commercial property in Albany, OR can benchmark rents against HUD's FY2027 fair market rents for the Albany, OR MSA.

Unit sizeHUD FY2027 FMR, Albany, OR MSA
Efficiency$1,202
One bedroom$1,413
Two bedroom$1,726
Three bedroom$2,380
Four bedroom$2,672

Property taxes in Linn County

Linn County code area 00801 carries a 2025-26 consolidated rate of $19.9016 per $1,000, per Linn County Table 6a. That area combines the City of Albany, Greater Albany Public Schools 8J and Linn-Benton Community College. On $2,000,000 of assessed value, the bill would be $39,803.20.

Linn County code areas inside the 8J district range from $12.0950 to $19.9016 per $1,000 for 2025-26. Under ORS 306.815, Oregon local governments cannot tax real property transfers unless the tax was operative on March 31, 1997.

Landlord rules in Albany

Oregon's 2027 maximum rent increase is 10%, per the Office of Economic Analysis. ORS 90.323 bars increases in a tenancy's first year, limits them to one per 12 months and requires 90 days' written notice.

Units whose first certificate of occupancy is under 15 years old are exempt from the cap. ORS 91.225 prevents Albany from passing its own rent control. Deposit accountings are due within 31 days under ORS 90.300.

Anyone looking to sell commercial real estate in Albany, OR should expect buyers to audit every increase notice.

What it means for an Albany owner

Albany pairs a $1,372 median rent with 1.2% rental vacancy in the ACS 2020-2024 housing profile. To sell commercial property in Albany, OR, gather the rent roll, increase notices and the Linn County tax statement. Then test your price in our cap rate calculator.

Skyline Capital Investments buys 5+ unit apartment buildings directly. You can sell your apartment building in Albany without a public listing. Read how our direct purchase works if you plan to sell commercial real estate in Albany, OR on your own timeline.

Before You Sell

What Shapes A Albany Offer

More about selling in Oregon →
Investing in Albany? See apartment syndications in Albany →
  • In Albany, 27.9% of renter households spend half or more of income on rent, ACS 2020-2024.
  • Albany counts 948 homes in buildings of 50 or more units, per ACS 2020-2024.
  • Owners selling commercial property in Albany should know ORS 306.815 bars local transfer taxes adopted after March 1997.

Learn More

Taxes & Rules For Albany Property

The Oregon rules that shape any deal in Albany: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.

Albany Seller FAQ

Can I sell commercial property in Albany, OR without listing it?

Yes. Skyline Capital Investments makes direct offers on 5+ unit buildings in Downtown Albany, North Albany, Millersburg and Lebanon. Send a rent roll, a trailing 12-month operating statement and your Linn County tax statement. No showings or public listing are needed.

What paperwork do buyers want when I sell commercial real estate in Albany, OR?

Buyers check each lease against Oregon's 10% cap for 2027 and the 90-day notice rule in ORS 90.323. They also review deposit files, because ORS 90.300 sets a 31-day accounting deadline. Keep every increase notice and move-out accounting on file.

How much property tax does a $2 million Albany apartment building pay?

Linn County code area 00801, covering the City of Albany and Greater Albany Public Schools 8J, has a 2025-26 rate of $19.9016 per $1,000. On $2,000,000 of assessed value, that equals $39,803.20 a year. Linn County code areas in the 8J district range from $12.0950 to $19.9016.

What do apartments rent for in Albany?

Albany's median gross rent was $1,372 a month in ACS 2020-2024, above Linn County's $1,320. HUD's FY2027 fair market rent for a two-bedroom in the Albany, OR MSA is $1,726. Rental vacancy in Albany was 1.2% in the same survey.

Does Albany have rent control?

Albany has no local rent control, because ORS 91.225 bars Oregon cities and counties from enacting it. Landlords follow the statewide cap in ORS 90.323 instead, which is 10% for 2027. Units with a first certificate of occupancy under 15 years old are exempt.

What if my Albany building has vacancies or deferred maintenance?

That is often where we add the most value. We buy buildings that need renovation, new management, or lease-up, and we account for that in our offer.

Do you work with Albany brokers and agents?

We do. Agents can bring us listed or pocket-listing deals in Albany, and we keep every conversation confidential.

Can I sell rental property in Albany with tenants in place?

Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.

How fast can I sell my apartment building in Albany?

Most owners get clear feedback within 48 hours of sending the address, unit count, and a rent roll. Closing is typically set around your timeline, including extra time for a 1031 exchange.

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