Fee Simple 1031 assumable financing
Newer construction Fee Simple duplexes located approximately 10 blocks from Pacific University. Assumable Loan. Portfolio Pricing: • 3 duplexes: $660,000 each • 6 duplexes: $645,000 each ($3,870,000 total) • All 10 duplexes: $6,300,000 total. Current combined gross monthly rental income is approximately $42,000. OM available upon request.
Property Description
Newer construction Fee Simple duplexes located approximately 10 blocks from Pacific University. Assumable Loan. Portfolio Pricing for three duplexes is $660,000 each, six duplexes are $645,000, which is $3,870,000 and all 10 duplexes are for sale for $6,300,000 total. Current combined gross monthly rental income is approximately $42,000. OM available upon request.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Highest & best offer |
| Property Types: | Apartment Buildings |
| Price: | $6,300,000 |
| No. of Units: | 20 |
| Year Built: | 2021 |
| Building Size: | 26,787 Sq ft |
| Lot Size: | 0.80 Acres |
| No. of Stories: | 2 |
| Zoning Code: | R5 |
| Opportunity Zone: | No |
| Price per unit: | $315,000 |
| Property Website | Click Here |
Unit mix
| Description | No. of Units | Sq ft. | Avg. Monthly Rent |
|---|
Additional contacts
| Full name | Phone number | Email address |
|---|---|---|
| Fred Mueller | 503-750-8030 | [email protected] |
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