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Executive Summary

8 unit apartment complex in excellent Florence Location. Laid out with 2/2 up and down units and some condo entitlements in place make this an excellent opportunity for a new owner to generate positive cash flow. Distressed Sale, property in need of repairs with some systems, finishes or fixtures nearing or at the end of their useful life. All offers must be 100% “as-is”, with all personal property and debris to be disposed of by buyer after closing. All offers subject to 3rd party court approval. Absolutely No Financial information is available, No rental agreements, No P&L, No Rent Roll. Cash Offers only at or above full price with limited to waived DD, will be considered. No interior access, drive by only. Buyer to accept all tenants and any on site management at closing with no rental agreements or estopple certs.

Property Facts

Price $1,254,672 CAD
Price Per Unit $156,834 CAD
Sale Type Investment
Sale Conditions
Distress Sale
  • Deferred Maintenance
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.48 AC
Building Size 7,400 SF
No. Stories 2
Year Built 1974
Parking Ratio 1.35/1,000 SF
Zoning RM - Multi Family
Parcel Number 1398575

Amenities

Unit Amenities

  • Kitchen
  • Refrigerator
  • Range
  • Carpet
  • Window Coverings

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 8 - 925
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 41737913

  • Date on Market: 2026-08-13

  • Last Updated:

  • Address: 2153 10th St, Florence, OR 97439

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