591 W Sherman St, Lebanon OR 97355

591 W Sherman StLebanon, OR 97355

ACTIVE

$1,395,000

6,126 SqFt

Single story 10-unit apartment complex built in 1948 in West Lebanon. Building consists of (3) 2 bed / 1 bath units and (7) 1 bed / 1 bath units. Currently offered at a 6.47% cap rate on actuals and an 8.3% based on targeted rents for recently renovated units. Two of the ten units have been fully renovated. Property features a central courtyard, some off-street parking and onsite laundry room - appealing amenities in a quiet, residential neighborhood.

Property Type:
Residential Income
Architectural Style:
Bedrooms:
13
Bathrooms:
10
Dwelling Size:
6,126 SqFt
Lot Size:
0.38 Acres
Lot Description:
Stories:
Year Built:
1948

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Parking:

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Area:
80 Linn County
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Senior Community:

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591 W Sherman StLebanon, OR 97355

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