700 NE JOHNSON Myrtle Creek, OR97457
$1,475,000
18 total units
3 total bedrooms
4 total bathrooms
$124,128 annual income
Capitilization Rate: 3.05
16699 total sq. ft
20,000 SqFt to .99 Acres
Zoning: R
1186 days on market
VestorFilter™
Price per unit$81.9K/unit
Price per ft²$88.33/ft²
Recent price drop$175,000
Price per acre$3.14M/ac
Price per bedroom$491.7K/bed
Time on market1186 days
Property Description
Investment opportunity! Here's your chance to purchase the upgraded Cedar Crest Apartments! 18 unit apartment complex includes 1 studio, 2 one bedrooms and 15- two bedrooms ( 2 bedroom units have 1.1 bathrooms ) Studio 500 sqft, 1 bedroom units are about 650 sqft, and 2 bedrooms about 850 sqft per property manager. Water, sewer and garbage included in rents. Buildable lot included.OWNER MAY CONSIDER OWNER CARRY.
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Financial Data
Date Sold2021-06-30
Sold Price$1,475,000
Price ChangeDropped $175,000 on 06/30/2021
Total $475,000 drop
Total $475,000 drop
Original Price$1,950,000
Current Price$1,475,000
Property Taxes$10,041
Find On Map
Home Facts
StatusSold
Year Built1995
Exterior Features
MLS ID21409775
Unit Details
Unit 1
Unit 2
Unit 3
