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371 Ecols St N
Monmouth, OR 97361
Ecols Street Townhouses · Multifamily Property For Sale
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5 Units
Investment Highlights
- Priced at $315,000/unit
- Each unit has washer & dryer
- Strong rental history
Executive Summary
The Ecols Street Townhouses is a 5-unit student housing property located in Monmouth, Oregon. Built in 2003, the asset is composed of five large-format 4-bedroom, 3-bathroom units — a rare configuration that caters heavily to the Western Oregon University student market and local professional families. The property is 100% occupied and is situated on 0.33 acres with situs addresses at 371 Ecols St N, Units A through E. Current operations show consistent performance, while market-rate transitions offer immediate yield upside. 2025 Actual NOI: $71,163 | Proforma NOI: $86,704 | Gross Income: $107,280.
Property Facts
| Price Per Unit | $428,243 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.33 AC |
| Cap Rate | 4.52% | Building Size | 6,920 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2005 |
| Apartment Style | Townhome | Parking Ratio | 2.17/1,000 SF |
| Zoning | RH | ||
| Price Per Unit | $428,243 CAD |
| Sale Type | Investment |
| Cap Rate | 4.52% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.33 AC |
| Building Size | 6,920 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2005 |
| Parking Ratio | 2.17/1,000 SF |
| Zoning | RH |
Property Taxes
| Parcel Number | 444998 | Improvements Assessment | $697,467 CAD |
| Land Assessment | $70,849 CAD | Total Assessment | $768,316 CAD |
Property Taxes
Parcel Number
444998
Land Assessment
$70,849 CAD
Improvements Assessment
$697,467 CAD
Total Assessment
$768,316 CAD
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