1119 W CENTRAL AVE Sutherlin, OR97479
$400,000
$92,700 annual income
5572 sq. ft
20,000 SqFt to .99 Acres
Zoning: R2R2C3
1337 days on market
VestorFilter™
Price per ft²$71.79/ft²
Price per acre$500K/ac
Time on market1337 days
Property Description
Great location apartment complex w/separate rental house. Easy access off Central in Sutherlin w/plenty of parking. Hard to find high cap rate of 14.7%! See link for rent roll w/income and expenses. Formerly used as a motel with extra adjacent lot for more parking or add'l units. Call Planning Dept. for details on adding add'l units. Buyer please note: apartments do not have curb appeal and need some TLC. Long and profitable rental history. Do not disturb tenants, 100% occupancy depends on it!
{{ compliance-logo }}Listing Provided By G. Stiles Realty
Financial Data
Date Sold2020-11-16
Sold Price$400,000
Original Price$450,000
Current Price$400,000
Property Taxes$3,934
Find On Map
Home Facts
StatusSold
Year Built1948
Garage
MLS ID20444743
