Listed by Millen Property Group
$1,250,000
8 Residential Units
Details
APN 10430309
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 4,456
Net Rentable (SqFt) 4,456
Units 8
Cap Rate 6.60%
Occupancy 100%
Broker Co-Op Yes
Year Built 1942
Year Renovated Various
Buildings 4
Stories 1
Acreage 1.060
Zoning SFR-00
Multifamily | 6.60% CAP | 8 Units
Marketing description
Great offering - Investor Opportunity! Expansive 1.06-acre parcel with country rural feeling, right in the city! 8 single level units comprised of one triplex, two duplexes and a single wide manufactured home. Good numbers and good tenants. Well managed by owner over the past 26 years and many upgrades completed. New exterior paint for all of the multiplex units over the past 30 days. These units are clean with NO carpeting, all flooring is hardwood, laminate or vinyl. Nice interior spaces. End of the road location creates a private setting. Zoned SFR-OO, Check with city for additional development potential. 6.6% cap rate. One seller is a licensed Real Estate agent in Oregon.
Listing Contacts
Listed by Millen Property Group
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