175 NE Fern Ct - Apartments FOR SALE


Dallas, OR 97338
$1,250,000 USD
503-390-6060
175 NE Fern Ct, Dallas, OR for Sale
$1,250,000 USD
Apartments - FOR SALE
1/11
null | 6.32% Cap Rate

175 NE Fern Ct
Dallas, OR 97338


OVERVIEW

Presenting an exceptional investment opportunity in the thriving city of Dallas, OR. This recently renovated 6-unit property is designed to attract top-tier rent rates, offering a turnkey experience with no additional work required. The property features fully remodeled kitchens and bathrooms, new flooring, updated fixtures, fresh interior and exterior paint, and much more—ask for the complete list of updates! The unit mix includes four 2-bedroom, 1.5-bath units and two 1- bedroom, 1-bath units, all with on-site parking. Nestled on a quiet cul-de-sac just minutes from Dallas’ main road, this property combines convenience with a peaceful setting. Dallas offers an inviting blend of small-town charm and growth potential, nestled in the scenic Willamette Valley. The city boasts a diverse economy driven by agriculture, especially winemaking, and bolstered by expanding industries like high-tech manufacturing. With abundant parks and recreational options, Dallas provides an appealing lifestyle for residents while remaining an attractive option for investors.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$281 USD /SF

# OF UNITS

6

PRICE/UNIT

$208,333

CAP RATE

6.32%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,702 SF

ZONING

RM

APN/PARCEL ID

299088

ASK ABOUT THIS PROPERTY

Trevor HowardSMI Real EstateMore Info
503-390-6060

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Trevor HowardSMI Real EstateMore Info
503-390-6060

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.