Assumable financing at 3.37% is available to a qualified buyer! The 100% occupied Garden Court Apartments were built in 1970 and are comprised of 12 three bedroom one and a half bath townhouse-style apartments. At 1,100 square feet, the spacious layouts consist of an open floor-plan, W/D hook-ups, modern kitchen amenities, and private fenced in patios. Situated less than a mile from downtown Newberg, the property offers easy access to retail centers, boutique shops, and restaurants. The roof, gutters, and exterior paint were new in 2020. 5.97% cap rate with current rent roll and 2023 financials! Please do not disturb tenants.
23365604
Other, 2 Story
Yamhill
1970
2
Public Sewer
13,200
Sq. Ft.
12 Total
School Information
Mountain View
Interior Features
- Cooling
- None
- Heating
- Other. .
- Basement
- Crawl Space
Exterior / Lot Features
- Parking
- 27 Parking Spaces. Carport, Open.
- Roof
- Composition
- Zoning
- R-3
- Additional Exterior/Lot Features
- Level.
Financial Considerations
60267
$11,254
Assumable, Cash, Conventional
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