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880 N Pershing St 5 Unit Apartment Building $999,900 ($199,980/Unit) 6.77% Cap Rate Mount Angel, OR 97362
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!!!
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $999,900 | Apartment Style | Low-Rise |
| Price Per Unit | $199,980 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.43 AC |
| Cap Rate | 6.77% | Building Size | 4,680 SF |
| Gross Rent Multiplier | 9.93 | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1989 |
| Property Subtype | Apartment | ||
| Zoning | RM | ||
| Price | $999,900 |
| 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 |
1 1
Property Taxes
| Parcel Number | 515575 | Total Assessment | $351,350 |
| Land Assessment | $0 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
Property Taxes
Parcel Number
515575
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$351,350
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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880 N Pershing St
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