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Executive Summary
7-unit Cedar Apartments located in downtown Klamath Falls with major improvements completed, including new front deck and ADA ramp, roof repairs with 10-year elastomeric coating, updated lighting, plumbing/electrical repairs, fresh common-area paint, and off-street parking. Units 2, 5, 6, and 7 have been updated, Unit 3 renovation is underway, and Units 1 and 4 have long-term tenants. Shared basement laundry and value-add upside.
Units are a mix of (2) 2 bed / 1 bath and (5) 1 bed / 1 bath. Please do not disturb the residents.
YEAR BUILT IS UNKNOWN - BUYER TO COMPLETE THEIR OWN DUE DILIGENCE FOR THE AGE OF THE PROPERTY
Units are a mix of (2) 2 bed / 1 bath and (5) 1 bed / 1 bath. Please do not disturb the residents.
YEAR BUILT IS UNKNOWN - BUYER TO COMPLETE THEIR OWN DUE DILIGENCE FOR THE AGE OF THE PROPERTY
Property Facts
| Price | $894,732 CAD | Building Class | C |
| Price Per Unit | $127,819 CAD | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 7,599 SF |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1975 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | A - Apartment Residential | ||
| Price | $894,732 CAD |
| Price Per Unit | $127,819 CAD |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,599 SF |
| No. Stories | 2 |
| Year Built | 1975 |
| Opportunity Zone |
Yes |
| Zoning | A - Apartment Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | 1 |
| 2+1 | 2 | - | 1 |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | R475266 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $177,078 CAD |
Property Taxes
Parcel Number
R475266
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$177,078 CAD
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213 Cedar St
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