1398

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1398

Roseburg, OR 97471
Asking Price
$3.80M
Asset Type
Multifamily
Class
Class B

What's Special

Located at 1398 in Roseburg, Oregon, this multifamily property is situated in a central residential corridor characterized by a mix of single-family homes and established apartment complexes. The neighborhood offers proximity to the South Umpqua River and several local parks, providing outdoor recreation options for residents. Essential amenities, including grocery stores, medical facilities, and neighborhood schools, are located within a short drive. The site benefits from convenient access to Interstate 5 and Highway 99, facilitating straightforward commutes throughout the Umpqua Valley and connecting the area to regional employment hubs. The asset is well-suited for a range of residential use cases, including long-term rental units or workforce housing. Given the proximity to local healthcare centers and commercial districts, the typical tenant profile includes young professionals, healthcare workers, and small families seeking functional living spaces with reliable transit links. The property’s configuration allows for stable occupancy within a market driven by demand for accessible, centrally located housing. Its position within an established residential zone supports a consistent tenant base looking for a balance between suburban quiet and urban convenience.

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NOI
$80,000
Cap Rate
2.11%
DSCR
0.35
Underwater
Cash-on-Cash
-12.77%
Monthly Payment
$18,800.327
Annual Cash Flow
$-145,603.92

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