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502 NW Kings Blvd
Address: 502 NW Kings Blvd, Corvallis, OR 97330, USA
Created date: February 21, 2024
Date last updated: January 13, 2025
- - Onsite Laundry
- - Rent upside
- - 0.79 Acres close to campus provides developers with a "covered land play"
- - Exceptional location next to campus, and walking distance to Fred Meyer
- - Water, sewer, and garbage paid by owner, which presents opportunity to charge RUBS to future tenants
- - Current expenses include capital expense relating to turns - all but three units remodeled
Property Description
Exceptionally located 16 unit adjacent to campus. Rent upside justifies a long term hold, yet the location would allow for a "covered land play" for future redevelopment located in the 2024 QCT. Sold separately, or part of a portfolio with another nearby 12 unit.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,100,000 |
| No. of Units: | 16 |
| Year Built: | 1948 |
| Lot Size: | 0.79 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $131,250 |
| Property Website | Click Here |
Address: 502 NW Kings Blvd, Corvallis, OR 97330, USA
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