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G STreet Station 740 Avenue G 8 Unit Apartment Building $2,899,000 ($362,375/Unit) 6.81% Cap Rate Seaside, OR 97138
INVESTMENT HIGHLIGHTS
- 2019 Build with quality fit and finish thorughout
- Granite counters, LVP flooring and stainless appliances
- Close to downtown Seaside, the beach and shopping
EXECUTIVE SUMMARY
720-740 Ave G Located conveniently between Roosevelt and Holladay with EZ access to shopping and beach via Ave G. This property is an 8 plex however an investor can take advantage of the condo conversion mentioned in the private remarks Each unit boasts 2- ensuite baths in both bedrooms featuring LVP flooring, stainless appliances, washer/dryer and quality finishes throughout. Virtually staged for coastal inspiration!
DATA ROOM Click Here to Access
- Operating and Financials
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $2,899,000 | Apartment Style | Townhome |
| Price Per Unit | $362,375 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.31 AC |
| Cap Rate | 6.81% | Building Size | 9,216 SF |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2019 |
| Property Subtype | Apartment | ||
| Zoning | C3 - Commercial /residential multi housing | ||
| Price | $2,899,000 |
| Price Per Unit | $362,375 |
| Sale Type | Investment |
| Cap Rate | 6.81% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.31 AC |
| Building Size | 9,216 SF |
| No. Stories | 2 |
| Year Built | 2019 |
| Zoning | C3 - Commercial /residential multi housing |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Storage Space
- Online Services
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2.5 | 8 | $2,250 | 1,152 |
1 1
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 (2025) | |
| Land Assessment | $0 (2025) | Total Assessment | $1,128,647 (2025) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$1,128,647 (2025)
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G STreet Station | 740 Avenue G
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