525 Ranch Rd | Reedsport, OR 97467
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525 Ranch Rd
Reedsport, OR 97467
Forest Park Apartments · Multifamily Property For Sale
·
28 Units
INVESTMENT HIGHLIGHTS
- Located Across the Street from Lower Umpqua Hospital Creating Boosted Property Value
- Low-Density Condo-Like Arrangement Features Private Patios and Balconies with Each Unit
- Beautifully Maintained Exterior Community Areas
- Residential Location with Matured Landscaping Appeals to Established and Affluent Tenants
- Excellent Pro Forma Cap Rate in Excess of 10%
- Centrally Located within Multiple Recreation Sites including Parks, Activity Centers and Lakes
PROPERTY FACTS
| No. Units | 28 | Building Size | 21,000 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1978 |
| Building Class | C | Parking Ratio | 2.67/1,000 SF |
| Lot Size | 1.37 AC |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 1.37 AC |
| Building Size | 21,000 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 2.67/1,000 SF |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 28 | $687.50 | 750 |
PROPERTY TAXES
| Parcel Number | R48655 | Improvements Assessment | $317,736 |
| Land Assessment | $82,327 | Total Assessment | $400,063 |
PROPERTY TAXES
Parcel Number
R48655
Land Assessment
$82,327
Improvements Assessment
$317,736
Total Assessment
$400,063
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