591 W SHERMAN ST Lebanon, OR97355

$1,095,000
10 total units
3 total bedrooms
2 total bathrooms
6126 total sq. ft
15,000 to 19,999 SqFt
Elementary School: Greenacres
Middle School: Seven Oak
Zoning: TBD
848 days on market

VestorFilter™

Price per unit$109.5K/unit
Price per ft²$178.75/ft²
Price per acre$3.11M/ac
Price per bedroom$365K/bed
Time on market848 days

Property Description

10 unit single story apartment complex constructed in 1948. Located in North Lebanon. (3) 2 bed / 1 bath units approx 768 SF each and (7) 1 bed / 1 bath units approx 546 SF each. Current NOI at $53,793 with projected at $71,426 once rents are brought up to highest achieved. Please do not disturb the residents. Submit offer to purchase subject to initial walk through - showing only upon accepted offer to purchase.

{{ compliance-logo }}Listing Provided By SMI Commercial Real Estate LLC

Financial Data

Date Sold2022-02-25
Sold Price$1,095,000
Original Price$1,095,000
Current Price$1,095,000
Property Taxes$5,951

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Home Facts

StatusSold
Year Built1948
Stories1
MLS ID21288139

Unit Details

Unit 1
Unit 2