35070 SE Compton Rd - Multi-Family FOR SALE


Boring, OR 97009
$2,750,000 USD
503-222-0282
35070 SE Compton Rd, Boring, OR for Sale
$2,750,000 USD
Multi-Family - FOR SALE
1/61
null | Request Cap Rate

35070 SE Compton Rd
Boring, OR 97009


HIGHLIGHTS

  • Immediate Cash Flow with Huge Upside: Currently generating substantial monthly revenue with significant potential to increase NOI
  • Strategic Location & Favorable Zoning: Located in a stable rural corridor with EFU zoning and an established water district already in place
  • Major Modernization Opportunity: The 1965-built, 5,320 SF manor is a prime candidate for a high-end renovation

OVERVIEW

Rare income-producing estate on 9.96 + adjoining 2.34 acres with huge live-and-earn, multi-generational and investment potential. The manor residence is 5,320 SF with the main level offering 3 spacious bedrooms, 2 full baths, large kitchen and dedicated office. Lower level has an additional 2 bedrooms, 1 bath, full kitchen and ample living/flex space. On the property are multiple income streams: 3,200 SF shop, 4 manufactured/mobile homes, 5 storage bays rented to residents and adjoining lot features 7 mobile homes. This unique property offers massive upside in updating the large residence and improving the existing infrastructure. Seller financing available!

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$245 USD /SF

# OF UNITS

13

PRICE/UNIT

$211,538

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Edmonds Estate

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

EFU

APN/PARCEL ID

00644583

ASK ABOUT THIS PROPERTY

Cory CarlsonConstant Commercial Real Estate IncMore Info
503-222-0282

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

Cory CarlsonConstant Commercial Real Estate IncMore Info
503-222-0282

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