Listing Courtesy of:
SMI REAL ESTATE
Agency Contact: Cell: 541-990-3795
BEDS0
BATHS
SQUARE FEET13,052
MLS#840506
STATUS
PROPERTY TYPEMulti Unit - Multiple
Property Description
The Whitman 16 is a value-add 16-unit property directly adjacent to Western Oregon University. The property features (12) large 2 bed / 1 bath units and (4) 1 bed / 1 bath units situated on 0.69 acres. Property has a brand-new exterior, new siding, paint, windows, doors, and roofs. Most recent leases at $1,350 puts projected NOI at $166,896 and a 7.27% cap rate.Please do not disturb the residents.Members of the selling entity are Licensed Real Estate Brokers in the State of Oregon.
Property Features
Property Type: Multi Unit - Multiple
Home Style: Flat
Lot Size: 0.69 Acres
Roof Type: Metal or Aluminum
Taxes: $14,540
Units
Unit 1:
Bathroom(s): 1
Bedrooms: 2
Unit 2:
Bathroom(s): 1
Bedrooms: 1
Feature Descriptions
Days on Site: 18
Laundry: Laundry Center
Lot Dimensions: 0.69 Acre(s)
Price Per Square Foot: 175.84
Sewer: City
Units: 16
Water: City
Listed By / Shown By
Listed By
Agency Name: SMI REAL ESTATE
Agency Contact: Cell: 541-990-3795
Shown By
Agency Title: Coldwell Banker Valley Brokers
Albany: 541.928.6317
Corvallis: 541.757.0222
Estimate Your Payment
Estimated Payment
$ 6,988.72 per month $5,107.68 Principal & Interest $1,211.67 Property Tax $669.38 Homeowner's Insurance