319 NW GREENWOOD AVE Redmond, OR97756

$1,300,000
10 total units
9 total bedrooms
3 total bathrooms
$124,830 annual income
Capitilization Rate: 6.00
10300 total sq. ft
1 to 2.99 Acres
Middle School: Elton Gregory
Zoning: R-5
1476 days on market

VestorFilter™

Price per unit$130K/unit
Price per ft²$126.21/ft²
Price per acre$1.3M/ac
Price per bedroom$144.4K/bed
Time on market1476 days

Property Description

10-unit apartment complex in Redmond. All units are 3-BR, 1-BA and the property performs very well as an investment. The asset has been successfully managed remotely for years with the assistance of local maintenance. Recent capital improvements include all roofs, full exterior paint, tree removal, asphalt seal/striping and floors/paint to a couple of unit interiors.Easy investment to own and should continue to perform well for its new owner.Non-RMLS agents text or email L/A for detail.

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Financial Data

Date Sold2020-07-24
Sold Price$1,300,000
Original Price$1,450,000
Current Price$1,300,000
Property Taxes$9,093

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Home Facts

StatusSold
Year Built1976
Stories1
Green/Energy SupplementNo
Exterior Features
MLS ID20440214

Unit Details

Unit 1
Unit 2
Unit 3