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302 South Monmouth Avenue
Monmouth, OR 97361
Asking Price
Contact for price
Asset Type
Retail
Class
Class B
What's Special
15 Units - Monmouth <p>Martha Washington Apartments is a well maintained 15-unit community located in central Monmouth. The property features (14) 2 bed / 1 bath units and (1) 1 bed / 1 bath unit situated on 0.60 acres with 20 off street parking spaces. Stable producing asset with a strong 6.55% in place cap rate. Upgrades include new roofs and exterior paint.</p><p></p><p>Please do not disturb the tenants.</p><p></p><p>Members of the selling entity are Licensed Real Estate Brokers in the State of Oregon.</p>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547