1139 S G St - Apartments FOR SALE


Lakeview, OR 97630
$850,000 USD
541-513-0918
1139 S G St, Lakeview, OR for Sale
$850,000 USD
Apartments - FOR SALE
1/16
null | 6.11% Cap Rate

1139 S G St
Lakeview, OR 97630


OVERVIEW

LAKE END VILLAGE | 8 Apartment Units & 7 Long-Term RV Spaces • Located on the southern end of the rapidly growing Lakeview, OR. • Eight (8) 100% occupied apartments: • Four (4) 1 BD/1BA | AVG Rent: $725 • Four (4) Studios | AVG Rent: $675 • Seven (7) high occupancy, long-term RV spaces. • All of the apartment units have been fully renovated in recent years. • Two legal lots. Excess land available to add RV spaces. • $850,000 • CAP RATE 6.11% | PRO FORMA CAP RATE 7.75%

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$307 USD /SF

# OF UNITS

8

PRICE/UNIT

$106,250

CAP RATE

6.11%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

Commercial

APN/PARCEL ID

14792

ASK ABOUT THIS PROPERTY

Jack PenningtonEvans, Elder, Brown, & Seubert Inc.More Info
541-513-0918

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Jack PenningtonEvans, Elder, Brown, & Seubert Inc.More Info
541-513-0918

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.