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1900 Monroe St 6 Unit Apartment Building $870,152 CAD ($145,025 CAD/Unit) 7% Cap Rate North Bend, OR 97459

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INVESTMENT HIGHLIGHTS

  • Central Location
  • Low vacancy with long term tenants
  • New roof
  • Nearly all single level building
  • Multiple remodeled units

EXECUTIVE SUMMARY

Investment opportunity! Six unit building on a corner lot, conveniently located near downtown North Bend. Four 1bed/1bath units, one studio unit, and one 2bed/1.5bath unit. Several long term tenants. Three units have undergone remodels recently along with other building improvements, including a new roof. Please DO NOT DISTURB TENANTS.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $870,152 CAD
Price Per Unit $145,025 CAD
Sale Type Investment
Cap Rate 7%
Gross Rent Multiplier 12
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 3,024 SF
Average Occupancy 100%
No. Stories 2
Year Built 1946
Zoning CG

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 1 - -
1+1 4 - -
2+1.5 1 - -
Walk Score®
Very Walkable (75)
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
1006304600
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$226,469 CAD
  • Listing ID: 36027302

  • Date on Market: 2025-05-29

  • Last Updated:

  • Address: 1900 Monroe St, North Bend, OR 97459

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