213 Cedar St - Apartments FOR SALE


Klamath Falls, OR 97601
$630,000 USD
503-390-6060
213 Cedar St, Klamath Falls, OR for Sale
$630,000 USD
Apartments - FOR SALE
1/59
null | Request Cap Rate

213 Cedar St
Klamath Falls, OR 97601


OVERVIEW

7-unit Cedar Apartments located in downtown Klamath Falls with major improvements completed, including new front deck and ADA ramp, roof repairs with 10-year elastomeric coating, updated lighting, plumbing/electrical repairs, fresh common-area paint, and off-street parking. Units 2, 5, 6, and 7 have been updated, Unit 3 renovation is underway, and Units 1 and 4 have long-term tenants. Shared basement laundry and value-add upside. Units are a mix of (2) 2 bed / 1 bath and (5) 1 bed / 1 bath. Please do not disturb the residents. YEAR BUILT IS UNKNOWN - CHECKED WITH KLAMATH COUNTY ASSESSOR AND THEY DO NOT HAVE THE DETAIL IN THEIR FILE - BUYER TO COMPLETE THEIR OWN DUE DILIGENCE FOR THE AGE OF THE PROPERTY

FOR SALE DETAILS

PRICE

$630,000 USD

PRICE/SF

$83 USD /SF

# OF UNITS

7

PRICE/UNIT

$90,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,532 SF

ZONING

A

APN/PARCEL ID

R475266

ASK ABOUT THIS PROPERTY

Jordan SparksSMI Real EstateMore Info
503-390-6060

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Jordan SparksSMI Real EstateMore Info
503-390-6060

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