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35070 SE Compton Rd - Edmonds Estate 13 Unit Apartment Building Offered at $3,759,085 CAD Boring, OR 97009
Investment Highlights
- Immediate Cash Flow with Huge Upside: Currently generating substantial monthly revenue with significant potential to increase NOI
- Major Modernization Opportunity: The 1965-built, 5,320 SF manor is a prime candidate for a high-end renovation
- Strategic Location & Favorable Zoning: Located in a stable rural corridor with EFU zoning and an established water district already in place
Executive Summary
Rare income-producing estate on 9.96 + adjoining 2.34 acres with huge live-and-earn, multi-generational and investment potential. The manor residence is 5,320 SF with the main level offering 3 spacious bedrooms, 2 full baths, large kitchen and dedicated office. Lower level has an additional 2 bedrooms, 1 bath, full kitchen and ample living/flex space. On the property are multiple income streams: 3,200 SF shop, 4 manufactured/mobile homes, 5 storage bays rented to residents and adjoining lot features 7 mobile homes. This unique property offers massive upside in updating the large residence and improving the existing infrastructure. Seller financing available!
Property Facts
| Price | $3,759,085 CAD | Property Type | Multifamily |
| Price Per Unit | $289,160 CAD | Building Size | 11,220 SF |
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 13 | Year Built | 1965 |
| Zoning | EFU | ||
| Price | $3,759,085 CAD |
| Price Per Unit | $289,160 CAD |
| Sale Type | Investment |
| No. Units | 13 |
| Property Type | Multifamily |
| Building Size | 11,220 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Zoning | EFU |
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35070 SE Compton Rd - Edmonds Estate
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