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4-Plex 702 SE 9th St 2816 Unit Apartment Building $751,878 CAD ($267 CAD/Unit) 6.07% Cap Rate Grants Pass, OR 97526
Investment Highlights
- Well Maintained
- Recent Renovations
- Strong 5.7% Return
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$63,650
|
$25.46
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$1,273
|
$0.51
|
| Effective Gross Income |
$62,377
|
$24.95
|
| Taxes |
$5,135
|
$2.05
|
| Operating Expenses |
$11,599
|
$4.64
|
| Total Expenses |
$16,734
|
$6.69
|
| Net Operating Income |
$45,643
|
$18.26
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $63,650 |
| Annual Per SF | $25.46 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $1,273 |
| Annual Per SF | $0.51 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $62,377 |
| Annual Per SF | $24.95 |
| Taxes (CAD) | |
|---|---|
| Annual | $5,135 |
| Annual Per SF | $2.05 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $11,599 |
| Annual Per SF | $4.64 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $16,734 |
| Annual Per SF | $6.69 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $45,643 |
| Annual Per SF | $18.26 |
Property Facts
| Price | $751,878 CAD | Property Subtype | Apartment |
| Price Per Unit | $267 CAD | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 2,500 SF |
| Cap Rate | 6.07% | Average Occupancy | 100% |
| No. Units | 2816 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Zoning | R-4 | ||
| Price | $751,878 CAD |
| Price Per Unit | $267 CAD |
| Sale Type | Investment |
| Cap Rate | 6.07% |
| No. Units | 2816 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.15 AC |
| Building Size | 2,500 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Zoning | R-4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1408 | $1,268 CAD | - |
| 1+1 | 1408 | $1,384 CAD | - |
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Walk Score®
Very Walkable (75)
Property Taxes
| Parcel Number | R310830 | Total Assessment | $395,419 CAD (2025) |
| Land Assessment | $0 CAD (2025) | Annual Taxes | $5,135 CAD ($2.05 CAD/SF) |
| Improvements Assessment | $0 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
R310830
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$395,419 CAD (2025)
Annual Taxes
$5,135 CAD ($2.05 CAD/SF)
Tax Year
2024
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4-Plex | 702 SE 9th St
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