390 NE Main St - Apartments FOR SALE


Willamina, OR 97396
$700,000 USD
503-390-6060
390 NE Main St, Willamina, OR for Sale
$700,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

390 NE Main St
Willamina, OR 97396


HIGHLIGHTS

  • Neighboring lot of 0.21 acres also available for sale at $69,000

OVERVIEW

6 multi-family units and one single family residence on the same tax lot for sale $700,000. The single family residence is a 3 bed / 2 bath and the 6 unit multi family units are (3) studios and (3) 1 bed / 1 bath units. All units need work and there will soon be 2 vacancies. Financials are based off the current low rents and actual average expenses. Landlord pays all utilities. Neighboring lot of 0.21 acres also available for sale at $69,000 Please do not disturb the tenants.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$134 USD /SF

# OF UNITS

7

PRICE/UNIT

$100,000

CAP RATE

Request Cap Rate

% LEASED

77%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

C

APN/PARCEL ID

240091

ASK ABOUT THIS PROPERTY

Casey OliverSMI Real EstateMore Info
503-390-6060

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Casey OliverSMI Real EstateMore Info
503-390-6060

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