Chet Graham
Listed by Chet Graham
$2,300,000
8Th St. NW
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 8,063
Net Rentable (SqFt) 8,063
Units 14
Cap Rate 6.79%
NOI $156,172
Occupancy 100%
Price per SqFt $285
Broker Co-Op Yes
Class B
Year Built 1966
Buildings 15
Stories 1
Acreage 0.640
Zoning RS
Parking Spaces 20 spaces
Parking Per SqFt 2.48
Investment Type Owner/User
Ownership private
Sale Condition 1031 exchange
Multifamily | 14 Units | $164,286/unit
Marketing description
Cottage cluster!
Investment highlights
Lovely setting in West Salem, close to shopping and downtown. The cottage-cluster vibe, with 1- and 2-bedroom single-level units, makes these easy renters; all units have off-street parking. Most units have recent updates! Some units have electric fireplace inserts and dish washers. On-site laundry facility.
Listing Contacts
Chet Graham
Listed by Chet Graham
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$156,172.00
$13,014.33/mo
Valuation Metrics
0
DSCR
6.79%
Cap Rate
6.79%
ROI
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