350 Alder St - Apartments FOR SALE


Central Point, OR 97502
$659,000 USD
541-621-3059
350 Alder St, Central Point, OR for Sale
$659,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

350 Alder St
Central Point, OR 97502


HIGHLIGHTS

  • Nearby shopping, transportation, Restaurants and schools.

OVERVIEW

Great looking 4-Plex that checks all the right boxes. Fully tenant occupied, sporting a NEW ROOF... it's clean, non-smoking and well maintained with a strong rental and operational history, this investment will not disappoint. All units are 960 sq ft, with two-bedroom, one bath, carpet and vinyl flooring, electric heating and wall AC for cooling. All appliances are electric. Other bonuses include newer thermal windows throughout and an onsite laundry and storage area. Tenants appreciate the short distance to area shops and restaurants, banking, and nearby medical and travel services. Unit two received more recent paint, flooring and general upgrades. Property is professionally managed.

FOR SALE DETAILS

PRICE

$659,000 USD

PRICE/SF

$172 USD /SF

# OF UNITS

4

PRICE/UNIT

$164,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

350 Alder Street

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

R-3

APN/PARCEL ID

10145749

ASK ABOUT THIS PROPERTY

Gary StampsWindermere/Van Vleet & AssociatesMore Info
541-621-3059

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Gary StampsWindermere/Van Vleet & AssociatesMore Info
541-621-3059

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