803-815 SE Stephens St - Apartments FOR SALE


Roseburg, OR 97470
$2,100,000 USD
503-998-7413
803-815 SE Stephens St, Roseburg, OR for Sale
$2,100,000 USD
Apartments - FOR SALE
1/21
null | 8.56% Cap Rate

803-815 SE Stephens St
Roseburg, OR 97470


OVERVIEW

Introducing The Rose Apartments, offering an exceptional investment opportunity in the heart of Roseburg, Oregon. This 40-unit community features a mix of studio, one-, and two-bedroom layouts, each with fully equipped kitchens, large windows, spacious showers, and off-street parking. The property also boasts two fully occupied retail spaces on the ground floor, currently housing Wild Rose Lounge and Frogleg Studio, enhancing its appeal and potential for consistent income. Centrally located in Roseburg, Douglas County’s largest city, The Rose is positioned along the main corridor of the historic downtown district. Residents benefit from walkable access to a vibrant mix of restaurants, shops, and green spaces, with the scenic Umpqua River nearby. The property’s prime location offers easy connections to I-5 and major local roads, ensuring seamless commuting options throughout the city and beyond. This combination of location, amenities, and tenant appeal makes The Rose a promising investment in a growing and desirable area.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$75 USD /SF

# OF UNITS

40

PRICE/UNIT

$52,500

CAP RATE

8.56%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rose Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

C-3

APN/PARCEL ID

R71648,R71655

ASK ABOUT THIS PROPERTY

Rob MartonHFO Investment Real EstateMore Info
503-998-7413

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Rob MartonHFO Investment Real EstateMore Info
503-998-7413

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