Eighteen (18) individually deeded TURN-KEY INVESTMENT PROPERTIES in a growing economy with professional property management and tenants in place. Each beautiful 3 bedroom & 2.5 bath townhome has a one car garage. Open kitchen with stainless steel appliances. Laminate floors throughout kitchen, dining and living area. Excellent 1031 Exchange opportunity!
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Listing ID714029558
Price$4,669,000
StatusActive
CountyUmatilla
SubdivisionCIMMARON TERRACE
Year Built2022
Property TypeMulti Family
County
Umatilla
NAR Contact Info
541-382-4123
Property Type
Multi Family
Subdivision
CIMMARON TERRACE
Year Built
2022
Zoning
R3
Basement
None
Cooling Type
Central Air
Heating Type
Heat Pump
Hot Water Description
Electricity, Gas
Storage
Garage(s)
Stories
2
Unit Type
1
Unit Type 1 Area
1540
Unit Type 1 Baths Total
3
Unit Type 1 Beds Total
3
Unit Type 1 Features
Air Conditioning, Disposal, Refrigerator, Unfurnished
Association Parking Space Owned
yes
Exterior Description
Lap Siding
Foundation Details
Concrete Perimeter, Slab
Fuel Description
Gas
Garage Spaces
1
Lot Features
Level, Trees
Lot Size Range
20, 000 SqFt to .99 Acres
Number Of Units Total
18
Parking Features
Attached, Garage(s)
Parking Total
1
Road Surface Type
Paved
Roof
Composition
Sewer
Public Sewer
Unit Type 1 Units Total
18
View Description
Territorial, Valley
Water Source
Public Water
Community Features
Commons
Country
US
Directions
E Theatre Lane to NE 8th St
Elementary School
Sunset
High School
Hermiston
Middle Or Junior School
Sandstone
MLS Area Major
Umatilla Co: Hermiston
Association
yes
Days On Market
99
Internet Service Type
Cable
Supplement Number
1
Virtual Tour URL Unbranded 2
no
Capitalization Rate
5.54
Current Price For Status
4669000
Gross Income
385380
Gross Rent Multiplier
12.12
Investor Information
Annual Property Operation Data, Leases, Maintenance Records Available, Rent Records
Listing Terms
Call Listing Agent, Cash, Conventional
Net Operating Income
258431
Operating Expense
126949
Rent Includes
Maintenance Grounds
Short Sale
no
Tax Annual Amount
1906.52
Tax Year
2024
Unit Type 1 Actual Rent
1800
