$900,000
Mary’s Manor Apartments
23 SE 10th Street
Pendleton, OR 97801
Active
PRICE
UNITS
8
SIZE
5,700 SF
PRICE/UNIT
$112,500
TYPE
Multifamily
CAP RATE
7.29%
Highlights
Environmentally Friendly
Energy Efficient Vinyl Windows
Parking Amenities
Off Street Parking Available
Easily Accessible
Great Location in Close Proximity to both the I-5 corridor and St. Johns bridge
Natural Amenities
Patios, Balconies & Greenspace
Laundry Available on Site
Laundry Facility On Site for Additional Income
DESCRIPTION
Recent Updates to the property total over $100,000
-All New Hardie Board Siding $44,000
-All New Vinyl Windows $5,500
-Newly Rebuilt Stairwells $6,600
-All New Asphalt Parking Lot $24,000
-7 Units have new flooring, new appliances and new paint $24,000 and $26,000 *8th unit is currently in progress
FINANCIAL SUMMARY
- Pro Forma Net Operating Income (NOI) $65,595
CONTACT LISTING BROKER:
Grayson Pounder | 503.680.3648 | Grayson@PounderRealty.com
Location