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880 N Pershing St
Mount Angel, OR 97362
Multifamily Property For Sale
·
5 Units
EXECUTIVE SUMMARY
AMAZING CASH FLOW with upside potential!!! Two of the five units have been updated which means
the 6.7% cap has room for improvement. All units have THREE FULL BEDROOMS, washer and dryer hookups and PRIVATE
FENCED IN BACKYARDS WITH STORAGE UNITS in each. Mt. Angel typically has a limited supply of available rentals unlike many
other areas. You won't find a better deal than this. RUBS in effect. Hurry now before it is gone!!!
the 6.7% cap has room for improvement. All units have THREE FULL BEDROOMS, washer and dryer hookups and PRIVATE
FENCED IN BACKYARDS WITH STORAGE UNITS in each. Mt. Angel typically has a limited supply of available rentals unlike many
other areas. You won't find a better deal than this. RUBS in effect. Hurry now before it is gone!!!
PROPERTY FACTS
| Price Per Unit | $199,980 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 6.77% | Lot Size | 0.43 AC |
| Gross Rent Multiplier | 9.93 | Building Size | 4,680 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1989 |
| Zoning | RM | ||
| Price Per Unit | $199,980 |
| Sale Type | Investment |
| Cap Rate | 6.77% |
| Gross Rent Multiplier | 9.93 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.43 AC |
| Building Size | 4,680 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1989 |
| Zoning | RM |
AMENITIES
UNIT AMENITIES
- Storage Space
- Washer/Dryer Hookup
- Refrigerator
- Range
- Yard
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 5 | - | 936 |
PROPERTY TAXES
| Parcel Number | 515575 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $351,350 |
PROPERTY TAXES
Parcel Number
515575
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$351,350
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