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1119 W Central Ave
Sutherlin, OR 97479
1119 & 1113 W. Central Ave · Multifamily Property For Sale · 11 Units

INVESTMENT HIGHLIGHTS

  • Very Profitable Apartment Complex With 14.7% Cap Rate
  • 100% Occupied
  • Located Right Off Interstate 5
  • Needs Some TLC

PROPERTY FACTS

No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.80 AC
Building Size 5,572 SF
Average Occupancy 100%
No. Stories 1
Year Built 1948
Parking Ratio 1.97/1,000 SF
Zoning R2,R2-C3 - Community Commercial & Residential

ABOUT 1119 W CENTRAL AVE , SUTHERLIN, OR 97479

Centrally located close to Interstate 5, near restaurants, retail, banks and churches. Former motel now converted to appartments with long term renters.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 4 - -
1+1 2 - -
2+1 2 - -
3+1 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R51655
  • R51487
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$340,228
  • Listing ID: 11420532

  • Date on Market: 1/30/2018

  • Last Updated:

  • Address: 1119 W Central Ave, Sutherlin, OR 97479

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