100% Leased Monmouth 6-Plex
$950,000
271 Clay Street East, Monmouth, OR 97361
4,416 sqft
Building Size
0.3 acres
Lot Area
Details:
Highlights:
- New Roof
- 100% leased investment
- Close to Western Oregon University
- Estimated NOI of $57, 578
- Contact Broker for full Rent Roll and Income/Expenses
- 5 units @ 2bd/1ba + 1 unit @ 1bd/1ba
Description:
Introducing 271 Clay Street East, a well-appointed multifamily residence offering a compelling ownership opportunity in Monmouth. The building showcases efficient floor plans, complemented by recent capital improvements (some units have undergone flooring and cabinet updates), and a new membrane roof. This asset delivers a stable rental stream with potential for additional upside, making it an attractive addition to any multifamily portfolio seeking consistent returns and low management complex.
Discover the vibrant community surrounding the property in Monmouth, Oregon. Situated amidst the picturesque Willamette Valley, this location offers a captivating blend of small-town charm and modern convenience. Nearby Western Oregon University adds to the dynamic atmosphere, presenting opportunities for student housing investments. Explore the charming downtown area, rich with local shops and eateries, perfect for attracting residents seeking a lively urban experience.
Documents:
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| CBC_-_Flyer__P_.pdf |
Location
Gallery
