Description
During these crazy times, its hard to find investment opportunities with low risk & no vacancies. 541 Park is a triplex with great, long term, dependable tenants! Current leases run through 2024 and 2028 & the tenants have been there for many years. As a self managed building, this investment operates on an 8% cap rate. Adding in potential vacancy loss & management fees, you're still operating on a healthy 6% cap. Newer exterior paint and awnings. One of the owners is a licensed real estate professional.
-
0BEDS
-
0.19ACRES
-
0BATHS
-
01/2 BATHS
-
5,168SQFT
-
$116$/SQFT
School Ratings & Info
Listing provided courtesy of Vanguard Realty Group
Description
During these crazy times, its hard to find investment opportunities with low risk & no vacancies. 541 Park is a triplex with great, long term, dependable tenants! Current leases run through 2024 and 2028 & the tenants have been there for many years. As a self managed building, this investment operates on an 8% cap rate. Adding in potential vacancy loss & management fees, you're still operating on a healthy 6% cap. Newer exterior paint and awnings. One of the owners is a licensed real estate professional.
© 2021 Willamette Valley Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kish Realty Group | Keller Williams Mid-Willamette. Data last updated: 2021-06-17T15:09:03.12.