520 SW PACIFIC VIEW CTWaldport, OR97394

$395,000
7 total units
$74,500 annual income
Capitilization Rate: 10
7344 sq. ft
Acres1to3
Elementary School: Crestview Hghts
Middle School: Waldport
High School: Waldport
Zoning: Res
3698 days on market

VestorFilter™

Price per unit$56.4K/unit
Price per ft²$53.79/ft²
Recent price drop$34,000
Time on market3698 days

Property Description

Price Reduction! Bring all Offers!! Attention Investors!! Rare Investment Opportunity! 2013 NOI $52,887 - 12.5% CAP rate. Total of 7 manufactured homes on 7 residential lots in quiet neighborhood. Good long-term rental history. Please DO NOT Disturb Tenants or Drive By Property.

{{ compliance-logo }}Listing Provided By Prudential Taylor & Taylor

Financial Data

Date Sold2014-10-31
Sold Price$354,000
Price ChangeDropped $34,000 on 09/25/2022
Total $134,000 drop
Original Price$529,000
Current Price$395,000
Property Taxes$7,670

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Home Facts

StatusSold
Year Built1992
Stories1
Exterior Features
Garage
MLS ID14461931

Unit Details

Unit 1
Unit 2
Unit 3