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160 N Whitman St, Monmouth, OR 97361

$2,295,000
  • 160 N Whitman St, Monmouth, OR 97361 Main Photo

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Active

Listing Courtesy of: SMI REAL ESTATE
Agency Contact: Cell: 541-990-3795
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BEDS0 BATHS SQUARE FEET13,052 MLS#840506
STATUS PROPERTY TYPEMulti Unit - Multiple

Property Description

The Whitman 16 is a value-add 16-unit property directly adjacent to Western Oregon University. The property features (12) large 2 bed / 1 bath units and (4) 1 bed / 1 bath units situated on 0.69 acres. Property has a brand-new exterior, new siding, paint, windows, doors, and roofs. Most recent leases at $1,350 puts projected NOI at $166,896 and a 7.27% cap rate.Please do not disturb the residents.Members of the selling entity are Licensed Real Estate Brokers in the State of Oregon.

Property Features

Property Type: Multi Unit - Multiple
Home Style: Flat
Lot Size: 0.69 Acres
Roof Type: Metal or Aluminum
Taxes: $14,540

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 2
Unit 2:
Bathroom(s): 1
Bedrooms: 1

Feature Descriptions

Days on Site: 18
Laundry: Laundry Center
Lot Dimensions: 0.69 Acre(s)
Price Per Square Foot: 175.84
Sewer: City
Units: 16
Water: City

Listed By / Shown By

Listed By

Agency Name: SMI REAL ESTATE
Agency Contact: Cell: 541-990-3795

Shown By

Agent Name: Margie Dilson
Agent Phone: (541) 740-4642
Agency Title: Coldwell Banker Valley Brokers

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Estimated Payment

$ 6,988.72 per month $5,107.68 Principal & Interest $1,211.67 Property Tax $669.38 Homeowner's Insurance

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