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Sweet Home,OR 97386
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 18,000 sqft
Price per Sqft $133
MLS Listing ID 24618146
Year Built 1978
Annual Tax Amount $16,622
Tax Year 2023
Property Description
Investor Opportunity! This 18-unit apartment complex boasts a 7.00% cap rate on current income. All units are 2-bed/1-bath, 1000 sqft. Amenities include on-site laundry, 28 parking spots, dog park and community court yard. Five of the units have been fully renovated with new stainless-steel appliances, LVP flooring, paint, cabinets, and ceiling fans. Three (3) units have received new counters, while the remaining units have undergone small updates. Don't miss out on this value-add opportunity!
Location
State OR
County Linn
Community Laundry
Area _221
Zoning C2
Interior
Heating Baseboard
Exterior
Community Features Laundry
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Foster
Middle Schools Sweet Home
High Schools Sweet Home
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional