570 Kingwood St - Apartments FOR SALE


Florence, OR 97439
$1,850,000 USD
541-953-2402
570 Kingwood St, Florence, OR for Sale
$1,850,000 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

570 Kingwood St
Florence, OR 97439


OVERVIEW

The Kingwood Apartments | 16-Unit Apartment Building This well-located, 16-unit, multi-family property is configured with twelve 1-bedroom, 1-bath units and four 2-bedroom, 1-bath units and was constructed in 1980. There is good on site parking for tenants as well as abundant street parking in a quiet residential neighborhood - only three blocks off Highway 101. Many of the The Kingwoood Apartments’ tenants have resided at the building for years (see attached rent roll) and as units turn, they re-lease quickly. There is laundry on-site, as well as, a lovely garden & common spaces for residents to enjoy.  • Strong rental history  • Professionally managed  • Central Florence Location  • 16 on-site parking spaces  • $1,850,000

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$173 USD /SF

# OF UNITS

16

PRICE/UNIT

$115,625

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kingwood Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,607 SF

ZONING

MSB | HR

APN/PARCEL ID

0801025

ASK ABOUT THIS PROPERTY

Jeff ElderEvans, Elder, Brown, & Seubert Inc.More Info
541-953-2402

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Jeff ElderEvans, Elder, Brown, & Seubert Inc.More Info
541-953-2402

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