624 SW Drumwood Ave | Mcminnville, OR 97128
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- LoopNet Team
624 SW Drumwood Ave
Mcminnville, OR 97128
Drumwood · Multifamily Property For Sale
·
47 Units
INVESTMENT HIGHLIGHTS
- 20 value-add garden-style units built in 1973
- 27 modern townhome-style units completed in 2020
- Minutes from Linfield University campus
- Prime Yamhill County location with strong rental demand
- Walking distance to Old Town McMinnville’s shops and dining
PROPERTY FACTS
| No. Units | 47 | Lot Size | 3.80 AC |
| Property Type | Multifamily | Building Size | 39,468 SF |
| Property Subtype | Apartment | Average Occupancy | 95% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1973/2020 |
| Zoning | C | ||
| No. Units | 47 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.80 AC |
| Building Size | 39,468 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1973/2020 |
| Zoning | C |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Dishwasher
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Recycling
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | - | 556 |
| 2+1 | 6 | - | 890 |
| 2+1.5 | 27 | - | 928 |
| 3+1 | 2 | - | 1,200 |
PROPERTY TAXES
| Parcel Number | 154861 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,481,528 |
PROPERTY TAXES
Parcel Number
154861
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,481,528
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