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Wood Village Fourplex
Wood Village Fourplex
https://www.josephbernard.net/wood-village-fourplex- Address:
- 23029 NE Arata Rd, Wood Village, Oregon 97060
- Price:
- $707,000
- Units:
- 4
- Price per unit:
- $176,750
- Cap Rate:
- 12.29 (GRM)
- Year Built:
- 1950
Highlights
- 3 of 4 units are remodeled with LVP flooring, new countertops and updated cabinetry
- Roof in good condition (approx. 6 years old)
- 1 vacant unit providing an owner-occupied opportunity
- W/D in each unit
- Ample on-site parking
- Large lot, zoned MR2
- Reasonable taxes at 7.63% of EGI in 2020
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Wood Village Fourplex
Summary
Single level fourplex on large lot. Three units have been updated and one unit is vacant, providing an owner-occupied opportunity. Highest rent in building is $1250. Room to increase rents and cut operating expenses including landscaping.
Highlights
- 3 of 4 units are remodeled with LVP flooring, new countertops and updated cabinetry
- Roof in good condition (approx. 6 years old)
- 1 vacant unit providing an owner-occupied opportunity
- W/D in each unit
- Ample on-site parking
- Large lot, zoned MR2
- Reasonable taxes at 7.63% of EGI in 2020
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Wood Village Fourplex
NE Arata Rd/NE 231st Ct
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Wood Village Fourplex
| Document Title | Document Type |
|---|---|
| Property Flyer | Adobe PDF |
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Wood Village Fourplex
Joseph Bernard, LLC
5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax
5 Centerpointe Drive, Suite 400
Lake Oswego, OR 97035
503.546.9390 Main
866.546.9390 Toll Free
877.631.5610 Fax