160 Whitman St N, Monmouth, OR 97361

 Details

Price$2,295,000
Units16
Size13,052 SF
Acres0.69

The Whitman 16 is a value-add 16-unit property directly adjacent to Western Oregon University. The property features (12) large 2 bed / 1 bath units and (4) 1 bed / 1 bath units situated on 0.69 acres. Property has a brand-new exterior, new siding, paint, windows, doors, and roofs. Most recent leases at $1,350 puts projected NOI at $166,896 and a 7.27% cap rate.

Please do not disturb the residents.

Members of the selling entity are Licensed Real Estate Brokers in the State of Oregon.

ERIC SWANSON
BROKER
LICENSED IN THE STATE OF OREGON

541.990.3795 CELL
eric@smire.com