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37731 Rolltide Ct
Lebanon, OR 97355
Roll Tide Duplexes · Land For Sale · 1.25 AC

INVESTMENT HIGHLIGHTS

  • New construction
  • Earning Potential
  • Highly desirable neighborhood
  • Investment opportunity
  • Plans Approved
  • Impressive 5.5% cap rate

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Hold For Investment
  • Single Family Development
  • Single Family Residence
Total Lot Size 1.25 AC
Cross Streets River Dr
Zoning Z-RM - Accommodates a variety of housing types, making it perfect for this duplex project. Building permits issued. All requirements are met.

DESCRIPTION

New construction investment opportunity with rents of $21k+ monthly. 5 duplexes give you ten 3 bed, 2.5 bath townhomes. Located in a highly desirable neighborhood, just off River Drive between the Santiam River and Cheadle Lake Park, provides easy access to the North Shore Trail and a walking trail that leads to the South Santiam via Riverview Park. Close to dining, shopping, and Highway 20. Proximity to a medical school and Western Oregon University, ensuring strong return on investment. With the high demand for housing in this growing town, this investment is a no-brainer, an impressive 5.5% cap rate.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0947313
  • 0200606
Land Assessment
$89,860
Improvements Assessment
$0
Total Assessment
$89,860
  • Listing ID: 30028788

  • Date on Market: 11/10/2023

  • Last Updated:

  • Address: 37731 Rolltide Ct, Lebanon, OR 97355

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