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1007 SW Alder

Newport, OR 97365
  • $1,100,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 794305
UPDATED: 17 min ago
$1,100,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,637
    SQFT
  • $237
    $/SQFT
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Listing provided courtesy of Smi Real Estate: 503-390-6060. Listing information © 2022 Willamette Valley Multiple Listing Service



Description

6 Unit apartment building plus 1 cottage on separate tax lots in a great location. Mix of studio, one bed and two bed units. $1300 is highest achieved rent. Includes bare land for potential additional development. Plenty of rent upside. Well maintained. 6.49% cap rate on highest achieved rents. Please do not disturb the residents.

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© 2022 Willamette Valley Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.Data last updated: 2022-07-03T08:08:59.303.
www.midvalleyhomesource.com/homes/130118795
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1007 SW Alder Newport, OR 97365

  • Price: $1,100,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 17 min ago
  • MLS #: 794305
0
Beds
0
Baths
0
½ Baths
0.24
Acres
4,637
SQFT
$237
$/SQFT
Neighborhood:
Bayley And Case's Second
County:
Lincoln
Area:
Os Outside 4 County Area
Property Description
6 Unit apartment building plus 1 cottage on separate tax lots in a great location. Mix of studio, one bed and two bed units. $1300 is highest achieved rent. Includes bare land for potential additional development. Plenty of rent upside. Well maintained. 6.49% cap rate on highest achieved rents. Please do not disturb the residents.
Property Features

Assessments Or Liens No Cross Street 10th St Multifamily Type Multi- (5+) New Construction No Possession Coe Tax Amount 4928 Tax Years 21-22 Terms Seller Will Consider CashConventional Zoning C-1

© 2022 Willamette Valley Multiple Listing Service. All rights reserved.


© 2022 Willamette Valley Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.Data last updated: 2022-07-03T08:08:59.303.
 
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eXp Realty
375 Pacific Blvd SW, Suite C
Albany OR, 97321
Listing provided courtesy of Smi Real Estate: 503-390-6060. Listing information © 2022 Willamette Valley Multiple Listing Service