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Investment Highlights

  • Turn-key new construction investment with builder warranty.
  • High end finishes and off-street parking.
  • Opportunity to potentially owner-occupy and qualify for residential loan.

Executive Summary

Lakeview Apartments presents an exceptional opportunity to acquire a newly constructed single-story four-unit multifamily investment property in a quiet residential area of Klamath Falls. Currently under construction with anticipated completion in August 2026, the property is designed to offer modern, efficient living with strong rental appeal, low-maintenance ownership, and strong income potential. An ideal turn-key investment with one-year builder warranty.
The investment offers flexibility for both investors and owner-occupants alike with the opportunity to potentially occupy one unit while utilizing residential owner-occupier financing options.
Lakeview Apartments are a turnkey new multifamily asset with long-term upside, offering an attractive combination of quality construction, modern amenities, and income potential. Ideal 1031 investor opportunity.
Photos are of a representative property that the same developer constructed in 2025 using the same plans. Actual property finishes and features may vary. Representative property: 1532 Wilford Ave, Klamath Falls, OR

Attachments

Klamath Falls

Financial Summary (Pro Forma - 2026)

Annual Annual Per SF
Gross Rental Income $72,000 $30.51
Other Income $5,400 $2.29
Vacancy Loss $3,870 $1.64
Effective Gross Income $73,530 $31.16
Taxes $5,213 $2.21
Operating Expenses $16,307 $6.91
Total Expenses $21,520 $9.12
Net Operating Income $52,010 $22.04

Financial Summary (Pro Forma - 2026)

Gross Rental Income
Annual $72,000
Annual Per SF $30.51
Other Income
Annual $5,400
Annual Per SF $2.29
Vacancy Loss
Annual $3,870
Annual Per SF $1.64
Effective Gross Income
Annual $73,530
Annual Per SF $31.16
Taxes
Annual $5,213
Annual Per SF $2.21
Operating Expenses
Annual $16,307
Annual Per SF $6.91
Total Expenses
Annual $21,520
Annual Per SF $9.12
Net Operating Income
Annual $52,010
Annual Per SF $22.04

Property Facts

Price $729,000
Price Per Unit $182,250
Sale Type Investment
Cap Rate 7.13%
Gross Rent Multiplier 10.12
No. Units 4
Property Type
Multifamily
  • Multifamily Apartments
Lot Size 0.13 AC
Construction Status Under Construction
Building Size 2,360 SF
No. Stories 1
Year Built 2026

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Washer/Dryer
  • Stainless Steel Appliances

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 $1,500 590
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 40547277

  • Date on Market: 5/15/2026

  • Last Updated:

  • Address: 1433 Lakeview Ave, Klamath Falls, OR 97601

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