885 Sommerville Loop - Multi-Family FOR SALE


Harrisburg, OR 97446
$930,000 USD
541-465-8107
885 Sommerville Loop, Harrisburg, OR for Sale
$930,000 USD
Multi-Family - FOR SALE
1/17
null | 12.08% Cap Rate

885 Sommerville Loop
Harrisburg, OR 97446


HIGHLIGHTS

  • LIHTC-Section 42 affordability restrictions run through 2058
  • 28 townhouse style units on 2.77 acres
  • Offers due by 4pm on December 9th.
  • Email all question or to get the full package. jschmick@windermere.com

OVERVIEW

**LIHTC-Section 42-Affordability Restrictions run through 2058** 28 units built in 1998. Townhouse style layouts. 14 separate buildings on 2.77 acres. 12%+ cap rate on stabilized operations. Offers due by 4pm on December 9, 2024. Email all question or to request the full package. jschmick@windermere.com Need the attached non-disclosure agreement signed in order to share all details.

FOR SALE DETAILS

PRICE

$930,000 USD

PRICE/SF

$27 USD /SF

# OF UNITS

28

PRICE/UNIT

$33,214

CAP RATE

12.08%

% LEASED

89%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sommerville Apartments

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1998

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.77 AC

LAND SF

120,661 SF

ZONING

-

APN/PARCEL ID

0848493

ASK ABOUT THIS PROPERTY

Justin SchmickWindermere Real Estate Lane CountyMore Info
541-465-8107

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Justin SchmickWindermere Real Estate Lane CountyMore Info
541-465-8107

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