SOLD | 527 Jackson St W, Monmouth, OR 97361
| Details | |
| Price | $3,700,000 |
| Cap Rate | 5.5% |
| Size | 11,064 SF |
| Buildings | 6 |
| Units | 19 |
| Acres | 0.74 |
| Zone | Monmouth RH – High Density |
Four separate original buildings that are all 2 bed / 1 bath cottages constructed in 1971. One additional building with (5) 2 bed / 2 bath units with their own washers / dryers constructed in 2023. One additional building with 10 SRO units that feature two separate shared living spaces with kitchen, dining area and community space also constructed in 2023. Shared on-site coin laundry.
This property is located directly across the street from the Western Oregon University football field. Conveniently located near additional amenities including restaurants and shopping. Please do not disturb the residents.
SMI Real Estate, Gabe Johansen, Principal Broker Licensed in the State of Oregon and Dane McKinney, Broker Licensed in the State of Oregon represented the Buyer and the Seller in this transaction.
Gabe’s Other Properties:
Dane’s Other Properties:
