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31640217
31640216

2 Locations

BA
OR OR 800604014
Brad Anderson Real Estate Inc
BT
OR 201207314
Listed by Brad Anderson Real Estate Inc
$445,000
59 days on market
Updated 48 days ago

Multifamily Investment 21620 Glaze Rd, Veneta

Details
Property Type Multifamily
Square Footage 2,007
Cap Rate 6.00%
NOI $29,475
Tenancy Multi
Pro-Forma Cap Rate 6.00%
Pro-Forma NOI $100
Class B
Year Built 1964
Year Renovated 2026
Buildings 2
Acreage 0.720
Zoning RR5
Investment Type Value Add
Sale Condition N/A

Multifamily | 6.00% CAP

Marketing description

Investment opportunity featuring two homes on one lot in Noti. The first is a move-in ready 3 bed/1.5 bath 1267sf home with 2-car garage, patio, garden boxes and yard. The second is a 2bed/1bath 740sf home that offers excellent value-add potential. The property sits on .72 acres with shared well and separate septics.

Investment highlights

  • Move in ready 3 bed/1.5 bath 1267sf home with 2-car garage, patio, garden boxes and yard
  • Second 2bed/1bath 740sf home that offers excellent value-add potential
  • .72 acres with shared well and separate septics

Listing Contacts

BA
OR OR 800604014
Brad Anderson Real Estate Inc
BT
OR 201207314
Listed by Brad Anderson Real Estate Inc

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$29,475.00
$2,456.25/mo

Valuation Metrics

0
DSCR
6.62%
Cap Rate
6.62%
ROI

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Additional Information

Name
Brad Anderson
License
OR 800604014
Name
Becki Trowbridge
License
201207314
Brokerage
ExpRealty
Brokerage Phone
541-729-7152
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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