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1287 R St 8 Unit Apartment Building $1,954,288 CAD ($244,286 CAD/Unit) 5.61% Cap Rate Springfield, OR 97477

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EXECUTIVE SUMMARY

Investment Alert! 8-unit multi-family complex featuring covered assigned parking for residents, security gate, and video system installed. Plenty of storage for owner and tenants needs. The units feature LVP flooring, updated appliances, washer/dryer hookups with individual laundry rooms inside the units, and great backyard spaces for the residents.

ATTACHMENTS

property (21)

PROPERTY FACTS

Price $1,954,288 CAD
Price Per Unit $244,286 CAD
Sale Type Investment
Cap Rate 5.61%
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.41 AC
Building Size 13,148 SF
No. Stories 2
Year Built 1993
Parking Ratio 1.06/1,000 SF
Zoning MD

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 8 - -
Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1184215
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,044,242 CAD
  • Listing ID: 37991375

  • Date on Market: 2025-10-08

  • Last Updated:

  • Address: 1287 R St, Springfield, OR 97477

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