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Listed by Jennings Group Inc
$2,410,000
Est. payment /mo
0.39 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 472695265
Year Built 1968
Annual Tax Amount $6,995
Tax Year 2024
Lot Size 0.390 Acres
Property Description
Fully leased and Professionally Managed Apartment Community on .39 Acres.Recent capital improvements by owner, including: security gates, 2nd Floor railings, exterior paint, and new membrane roofs on both buildings. 5.7% cap rate on actual income and expense, 6.4% Cap rate on current turnover rent. DO NOT DISTURB RESIDENTS
Location
State OR
County Lane
Area _245
Zoning C-2
Interior
Heating Ceiling
Exterior
Roof Type Membrane
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Cesar Chavez
Middle Schools Arts & Tech
High Schools Churchill
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
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