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29647624
29647626

12721 SE 352nd Ave, Boring, OR 97009 For Sale

CC
OR OR 201226331
Constant Commercial Real Estate. INC
Listed by Constant Commercial Real Estate. INC
$2,600,000
159 days on market
Updated 19 days ago

Edmonds Estate

Details
Property Type Multifamily
Sub Type RV Park
Units 14
Occupancy 85%
Year Built 1965
Acreage 12.300
Investment Type Value Add
Ownership JoAnne Edmonds Revocable Living Trust

Multifamily | 14 Units | $185,714/unit

Marketing description

Rare income-producing estate on 9.96 acres + adjoining 2.34 acre parcel with huge live-and-earn, multi-generational and investment potential. On the property are multiple income streams projected to exceed $20,500 per month from the 3,200 SF shop, 11 manufactured/mobile homes, 5 resident storage bays, barn and large 5,320 SF dual-living residence. This unique property offers massive upside in updating the vacant residence and improving the existing infrastructure. The manor residence features dual-living potential with the main level offering 3 spacious bedrooms, 2 full baths, large kitchen and dedicated office. Lower level has an additional 2 bedrooms, 1 bath, full kitchen and ample living/flex space. Projected rents are at $20,500 per month with a pro-forma CAP of 6.17%. Financials available upon request.

Listing Contacts

CC
OR OR 201226331
Constant Commercial Real Estate. INC
Listed by Constant Commercial Real Estate. INC

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Additional Information

Name
Cory Carlson
License
OR 201226331
Brokerage
Constant Commercial Real Estate Inc
Title
President, Principal Broker
Brokerage Address
5200 Meadows Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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