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420-430 1/2 4th Av SW & 413 Washington S 3 Properties Offered at $1,350,000 in Albany, OR
EXECUTIVE SUMMARY
Unique package deal opportunity! 7% cap rate w/ 2024 net income exceeding 6 figures. Closely located multifamily and single family portfolio. All properties include updates ranging from minor to major, full interior and exterior renovations. Properties low in a MUR Zoning District. Buyer to do Due Diligence on available Commercial uses for these buildings.
SPECIAL OFFER: One year of complimentary property management included w/ full price offer or combo purchase with Station Street Apartments on 6th.
SPECIAL OFFER: One year of complimentary property management included w/ full price offer or combo purchase with Station Street Apartments on 6th.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $1,350,000 | Number of Properties | 3 |
| Price / SF | $209.50 / SF | Individually For Sale | 0 |
| Cap Rate | 7.52% | Total Building Size | 6,444 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.30 AC |
| Status | Active |
| Price | $1,350,000 |
| Price / SF | $209.50 / SF |
| Cap Rate | 7.52% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 6,444 SF |
| Total Land Area | 0.30 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 430 4th Ave, Albany, OR 97321 | Multifamily | 3,160 SF | 1935 | - |
| 442 4th Ave, Albany, OR 97321 | Office | 1,760 SF | 1910 | - |
| 413 Washington St, Albany, OR 97321 | Office | 1,524 SF | 1900 | - |
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420-430 1/2 4th Av SW & 413 Washington S
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