1740 Spruce St - Apartments FOR SALE


Myrtle Point, OR 97458
$485,000 USD
541-217-7710
1740 Spruce St, Myrtle Point, OR for Sale
$485,000 USD
Apartments - FOR SALE
1/17
null | 8.25% Cap Rate

1740 Spruce St
Myrtle Point, OR 97458


HIGHLIGHTS

  • Excellent location in Myrtle Point.
  • Situated on a large level lot with plenty of parking and yard space
  • Building is nicely laid out with private entrances
  • Exterior has been well maintained with newer roof
  • Large windows and dormers creating vaulted ceilings

OVERVIEW

Large 5 unit apartment building in excellent location in Myrtle Point. Situated on a large level lot with plenty of parking and yard space. Building is nicely laid out with private entrances, and some small porches. Exterior has been well maintained with newer roof, windows and some siding renovations. Interior is light and bright with large windows and dormers creating vaulted ceilings as well as some recent updates including flooring, paint and attractive finishes. Excellent income production with room to increase rents and improve occupancy. Call today to schedule a private tour or get more information.

FOR SALE DETAILS

PRICE

$485,000 USD

PRICE/SF

$124 USD /SF

# OF UNITS

5

PRICE/UNIT

$97,000

CAP RATE

8.25%

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

15,002 SF

ZONING

R-1

APN/PARCEL ID

1001136218

ASK ABOUT THIS PROPERTY

Joe AguirrePacific Coast Real Estate and DevelopmentMore Info
541-217-7710

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Joe AguirrePacific Coast Real Estate and DevelopmentMore Info
541-217-7710

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