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Colinwood CT 8 Plex 634 Colinwood ct 8 Unit Apartment Building $2,453,938 CAD ($306,742 CAD/Unit) 7.81% Cap Rate Medford, OR 97501

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INVESTMENT HIGHLIGHTS

  • Location
  • Low maintenance

EXECUTIVE SUMMARY

Premier Multi-Family Investment Opportunity! Welcome to this unique Cottage cluster. A recently built 8-plex offers a rare opportunity to own a turnkey, low-maintenance investment property in the heart of Medford, Oregon. Constructed in 2023, these modern, single-level residences are designed for maximum tenant appeal and long-term rental stability. Each of the eight 2-bedroom, 2-bathroom homes are thoughtfully designed with no common walls, providing a private and peaceful living experience. The high-quality finishes include granite countertops, laminate flooring, and in-unit laundry, ensuring strong tenant demand. The property is leased at $1,650 per unit, generating an impressive rental income around $158,400 annually. Estimated Annual Expenses are $20,567 (Includes water, sewer, trash, insurance, and property taxes) Net Operating Income (NOI): $137,833. Making a cap rate of: ~7.26%. This is an ideal property for investors seeking steady cash flow and appreciation potential.

FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $2,453,938 CAD
Price Per Unit $306,742 CAD
Sale Type Investment
Cap Rate 7.81%
Gross Rent Multiplier 11.9
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single-Family Home
Building Class B
Lot Size 0.52 AC
Building Size 23,000 SF
Average Occupancy 90%
No. Stories 1
Year Built 2023
Zoning SFR6

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Microwave
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1.5 8 $2,281 CAD 900

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11000324
Land Assessment
$69,964 CAD (2025)
Improvements Assessment
$812,774 CAD (2025)
Total Assessment
$882,738 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 35195462

  • Date on Market: 2025-03-19

  • Last Updated:

  • Address: 634 Colinwood ct, Medford, OR 97501

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