Listing Courtesy of:
FIRST COMMERCIAL REAL ESTATE
Agency Contact: Cell: 503-559-2694
BEDS0
BATHS
SQUARE FEET6,920
MLS#840275
STATUS
PROPERTY TYPEMulti Unit - Multiple
Property Description
The Ecols Street Townhouses is a 5-unit student housing property located inMonmouth, Oregon. Built in 2003, the asset is composed of five large-format 4-bedroom, 3-bathroom units - a rare configuration that caters heavily to the Western Oregon University student market and local professional families. The property is 100% occupied and is situated on 0.33 acres with situs addresses at 371 Ecols St N, Units A through E. Current operations show consistent performance, while market-rate transitions offer immediate yield upside. 2025 Actual NOI: $71,163 | Proforma NOI: $86,704 | Gross Income: $107,280.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.33 Acres
Roof Type: Composition
Year Built: 2005
Units
Unit 1:
Bathroom(s): 3
Bedrooms: 4
Unit 2:
Bathroom(s): 3
Bedrooms: 4
Unit 3:
Bathroom(s): 3
Bedrooms: 4
Unit 4:
Bathroom(s): 3
Bedrooms: 4
Unit 5:
Bathroom(s): 3
Bedrooms: 4
Feature Descriptions
Days on Site: 34
Lot Dimensions: 0.33 Acre(s)
Price Per Square Foot: 227.6
Property Use: Investment, Vacant/Owner-User
Sewer: City
Units: 5
Water: City
Listed By / Shown By
Listed By
Agency Name: FIRST COMMERCIAL REAL ESTATE
Agency Contact: Cell: 503-559-2694
Shown By
Agency Title: Coldwell Banker Valley Brokers
Albany: 541.928.6317
Corvallis: 541.757.0222
Estimate Your Payment
Estimated Payment
$ 3,964.64 per month $3,505.27 Principal & Interest $0.00 Property Tax (data not provided by mls) $459.38 Homeowner's Insurance