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Listed by ERIC SWANSON • SMI REAL ESTATE • Cell: 541-990-3795
$2,350,000
Est. payment /mo
15,048 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi- (5+)
Listing Status Active
Purchase Type For Sale
Square Footage 15,048 sqft
Price per Sqft $156
MLS Listing ID 840487
Year Built 1969
Annual Tax Amount $13,250
Tax Year 2025
Lot Size 0.600 Acres
Acres 0.6
Property Sub-Type Multi- (5+)
Property Description
Martha Washington Apartments is a well maintained 15-unit community located in central Monmouth. The property features (14) 2 bed / 1 bath units and (1) 1 bed / 1 bath unit situated on 0.60 acres with 20 off street parking spaces. Stable producing asset with a strong 6.55% in place cap rate. Upgrades include new roofs and exterior paint.Please do not disturb the tenants.Members of the selling entity are Licensed Real Estate Brokers in the State of Oregon.
Location
State OR
County Polk
Area 95 Polk County
Exterior
Roof Type Metal or Aluminum
Building
Sewer City
Water City
New Construction No
Others
Acceptable Financing FHA, Federal VA, Cash, Conventional
Listing Terms FHA, Federal VA, Cash, Conventional
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Nearby School & Business
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