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-1 NW Willamina Dr

Willamina, OR 97396
  • $1,615,000
  • STATUS: Active
  • ON SITE: 108 Days
  • MLS #: 21307069
UPDATED: 65 min ago
$1,615,000
  • 7
    BEDS
  • N/A
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 9,540
    SQFT
  • $169
    $/SQFT
Type:
Multi-Family
Built:
2020
County:

School Information

Elementary School:
Middle School:
High School:

Description

Very solid rental with great rental history! Sale includes two tax lots, Duplex is less than one year old, 7 plex is 1975. New duplex units have own garages and high end finishes. 7 plex is townhome style apartments with on site laundry. New windows in all units and several units with upgrades. Well kept units with nice grounds and patios. Room for rent increases that could bring the Cap Rate to 5.66

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Listing content is copyright © 2022 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than McKillion Real Estate Group | Premiere Property Group, LLC are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2022-01-28T10:39:41.163.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or McKillion Real Estate Group | Premiere Property Group, LLC and should be independently verified.
www.mckillion.com/homes/122283420
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-1 NW Willamina Dr Willamina, OR 97396

  • Price: $1,615,000
  • Status: Active
  • On Site: 108 Days
  • Updated: 65 min ago
  • MLS #: 21307069
7
Beds
5
Baths
0
½ Baths
N/A
Acres
9,540
SQFT
$169
$/SQFT
2020
Built
Neighborhood:
156-Yamhill Co Includes Willamina
County:
Yamhill
Area:
156-Yamhill Co Includes Willamina
Elementary School:
Willamina
Middle School:
Willamina/Gr
High School:
Willamina
Property Description
Very solid rental with great rental history! Sale includes two tax lots, Duplex is less than one year old, 7 plex is 1975. New duplex units have own garages and high end finishes. 7 plex is townhome style apartments with on site laundry. New windows in all units and several units with upgrades. Well kept units with nice grounds and patios. Room for rent increases that could bring the Cap Rate to 5.66
Exterior Features

Exterior Description Cement SidingWood Siding Lot Description Level Lot Size 20000 Sqft To .99 Acres Parking Features AssignedGarage Roof Type Composition View YN No Water Description Public Water

Interior Features

Cooling Description None Foundation Details Concrete Perimeter Heating Description Baseboard Hot Water Description Electricity Unit Type1 Sq Ft 1450 Unit Type2 Sq Ft 932 Unit Type3 Sq Ft 932

Property Features

Bank Owned YN No Capitalization Rate 5.26 Common Amenities Laundry Country Us Fuel Description Electricity Gross Income Actual 122280 Gross Income Projected 131280 Gross Rent Multiplier 13.21 Net Income Actual 84870 Net Income Projected 93420 Occupancy Types Leased Operating Expenses Actual 31296 Operating Expenses Projected 31296 Rent Includes Trash CollectionSewerWater Seller Disclosure Disclosure Sewer Description Public Sewer Short Sale YN No Tax Amount 6438.00 Third Party Approval YN No Unit Type1 Rent 1795 Unit Type1 Units Total 2 Unit Type2 Rent 1050 Unit Type2 Units Total 2 Unit Type3 Rent 900 Unit Type3 Units Total 5 Zoning R4

Listing provided courtesy of Weichert, Realtors On Main Street.


Listing content is copyright © 2022 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than McKillion Real Estate Group | Premiere Property Group, LLC are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2022-01-28T10:39:41.163.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or McKillion Real Estate Group | Premiere Property Group, LLC and should be independently verified.
 
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McKillion Real Estate Group | Premiere Property Group, LLC
5000 Meadows Road #150
Lake Oswego OR, 97035