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Martha Washington Apartments 302 Monmouth Ave S 15 Unit Apartment Building $3,191,300 CAD ($212,753 CAD/Unit) Monmouth, OR 97361
Executive Summary
Martha Washington Apartments is a well maintained 15-unit community located in central Monmouth. The property features (14) 2 bed / 1 bath units and (1) 1 bed / 1 bath unit situated on 0.60 acres with 20 off street parking spaces. Stable producing asset with a strong 6.55% in place cap rate. Upgrades include new roofs and exterior paint.
Please do not disturb the tenants.
Members of the selling entity are Licensed Real Estate Brokers in the State of Oregon.
Please do not disturb the tenants.
Members of the selling entity are Licensed Real Estate Brokers in the State of Oregon.
Property Facts
| Price | $3,191,300 CAD | Building Class | C |
| Price Per Unit | $212,753 CAD | Lot Size | 0.60 AC |
| Sale Type | Investment | Building Size | 15,048 SF |
| No. Units | 15 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1969 |
| Apartment Style | Low-Rise | Parking Ratio | 1.33/1,000 SF |
| Zoning | RH | ||
| Price | $3,191,300 CAD |
| Price Per Unit | $212,753 CAD |
| Sale Type | Investment |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.60 AC |
| Building Size | 15,048 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 1.33/1,000 SF |
| Zoning | RH |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 2+1 | 14 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $893,713 CAD | |
| Land Assessment | $215,460 CAD | Total Assessment | $1,109,174 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$215,460 CAD
Improvements Assessment
$893,713 CAD
Total Assessment
$1,109,174 CAD
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Photos
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Martha Washington Apartments | 302 Monmouth Ave S
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