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160 Whitman St, Monmouth, OR 97361

$2,295,000

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Property Description

The Whitman 16 is a value-add 16-unit property directly adjacent to Western Oregon University. The property features (12) large 2 bed / 1 bath units and (4) 1 bed / 1 bath units situated on 0.69 acres. Property has a brand-new exterior, new siding, paint, windows, doors, and roofs. Most recent leases at $1,350 puts projected NOI at $166,896 and a 7.27% cap rate.Please do not disturb the residents.Members of the selling entity are Licensed Real Estate Brokers in the State of Oregon.

160 Whitman St | MLS# 274133244

This multi-family property located at 160 Whitman St, Monmouth, OR 97361 is currently listed for sale with an asking price of $2,295,000. Search Monmouth real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Other
Fuel Type: Electricity
Heating: Other
Stories: 2.0
Taxes: $14,540
Year Built: 1964

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Total Units: 12
Unit Type 2:
Bathroom(s): 1
Bedrooms: 1
Total Units: 4

Feature Descriptions

Days on Site: 33
Exterior: Other
Hot Water: Other
Sewer: Public Sewer
Units: 16
Water: Public Water

Local Schools

High School: Central
Middle School: Talmadge
Elementary School: Monmouth

Listed By / Shown By

Listed By

Agency Name: SMI Commercial Real Estate LLC
Agency Phone: 503-390-6060

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 13,485.81 per month $11,604.77 Principal & Interest $1,211.67 Property Tax $669.38 Homeowner's Insurance

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