122 HANNA VIEW LNRiddle, OR97469

$1,250,000
15 total units
$101,248 annual income
Capitilization Rate: 8.57
Acres3to5
Elementary School: Riddle
Middle School: Riddle
High School: Riddle
Zoning: RR
1011 days on market

VestorFilter™

Price per unit$83.3K/unit
Recent price drop$250,000
Time on market1011 days

Property Description

A rare find and a must see!Don't miss out on this investment of a life time.With 15 rentals and 1 main house that can also be used as a rental as well totally 16. Approximately making over $10,000 a month. This huge multi unit facility is in the county with beautiful views. With some newer updates including roofing. These units are on all there own septic. With 5 shared wells and 1946 irrigation rights out of Cow creek per owner. schedule your appointment today.

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Financial Data

Date Sold2022-11-01
Sold Price$1,025,000
Price ChangeDropped $250,000 on 11/01/2022
Total $250,000 drop
Original Price$1,500,000
Current Price$1,250,000
Property Taxes$5,828

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Home Facts

StatusSold
Year Built1954
MLS ID21266050

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4
Unit 5
Unit 6
Unit 7
Unit 8
Unit 9
Unit 10