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555 N River Rd
Cottage Grove, OR 97424
River Road Apartments · Multifamily Property For Sale · 17 Units

INVESTMENT HIGHLIGHTS

  • Turn-Key Investment With a 7% Cap Rate Based On Achieved Rents
  • Low Operating Costs With Sub-Metered Electric/Water & No Cost Landscaping
  • Superior Renovations Compared to Most of The Inventory On The Market

PROPERTY FACTS

No. Units 17
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.00 AC
Building Size 9,250 SF
No. Stories 1
Year Built/Renovated 1920/2023
Zoning R1

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Washer/Dryer
  • Refrigerator
  • Oven
  • Views

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 1 $1,200 450
2+1 16 $1,350 550

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0891745
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,300,857
  • Listing ID: 30498031

  • Date on Market: 1/2/2024

  • Last Updated:

  • Address: 555 N River Rd, Cottage Grove, OR 97424

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