302 Monmouth Ave S - Apartments FOR SALE


Monmouth, OR 97361- Monmouth/Independence
$2,350,000 USD
503-390-6060
302 Monmouth Ave S, Monmouth, OR for Sale
$2,350,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

302 Monmouth Ave S
Monmouth, OR 97361
Monmouth/Independence


OVERVIEW

Martha Washington Apartments is a well maintained 15-unit community located in central Monmouth. The property features (14) 2 bed / 1 bath units and (1) 1 bed / 1 bath unit situated on 0.60 acres with 20 off street parking spaces. Stable producing asset with a strong 6.55% in place cap rate. Upgrades include new roofs and exterior paint. Please do not disturb the tenants. Members of the selling entity are Licensed Real Estate Brokers in the State of Oregon.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$156 USD /SF

# OF UNITS

15

PRICE/UNIT

$156,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Martha Washington Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

RH

APN/PARCEL ID

195157,195342

ASK ABOUT THIS PROPERTY

Eric SwansonSMI Real EstateMore Info
503-390-6060

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Eric SwansonSMI Real EstateMore Info
503-390-6060

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