925 Avenue S | Seaside, OR 97138
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- LoopNet Team
925 Avenue S
Seaside, OR 97138
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Pro Forma Cap Rate of 8.65 Percent with Completion of Two Unfinished Units
- Ideal Location: Adjacent to Nature Area; One Mile from Beach
- Value-Add: Property Rents are Estimated to be 19 Percent Under Market
- Recent Construction; Completed in 2005
PROPERTY FACTS
| No. Units | 8 | Building Size | 9,120 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 2005 |
| Building Class | C | Parking Ratio | 1.75/1,000 SF |
| Lot Size | 0.43 AC | ||
| Zoning | R2 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 9,120 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2005 |
| Parking Ratio | 1.75/1,000 SF |
| Zoning | R2 |
AMENITIES
UNIT AMENITIES
- Balcony
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | $575.50 | 1,001 - 1,022 |
PROPERTY TAXES
| Parcel Number | 51779 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $385,495 |
PROPERTY TAXES
Parcel Number
51779
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$385,495
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