Single-story 10-unit apartment complex located in West Lebanon. Built in 1948, the property offers (3) 2 bed / 1 bath units and (7) 1 bed / 1 bath units. As-is cap rate is 6.87% and 7.88% on highest achieved rents. Two units have been fully renovated, offering immediate rent growth potential as leasing demand remains strong. The property features a central courtyard, off-street parking, and onsite laundry — appealing amenities in a quiet, residential neighborhood.
Listing Provided Courtesy of Eric Swanson, SMI Commercial Real Estate LLC
General Information
639912323
66
DOM
3
0.38 acres
2
0
1948
RM
Linn
0180006
Seven Oak 4/10
MultiFamily
12S02W10DB
Listing Provided Courtesy of Eric Swanson, SMI Commercial Real Estate LLC
Krishna Realty data last checked: Jul 27, 2025 15:11 | Listing last modified Jul 02, 2025 17:37,
Source:
Download our Mobile app
Residence Information
0
3
2
1
1948
No
Other
Features and Utilities
None
Electricity
Other
PublicSewer
Electricity
Electricity
Financial
6595.32
None
Cash,Conventional
04-28-2025
No
No
Comparable Information
66
90
Cash,Conventional
$1,295,000
$1,295,000
Jul 02, 2025 17:37
Schools
public Middle : Seven Oak
4/10Ratings
Map
Listing courtesy of SMI Commercial Real Estate LLC.
Single-story 10-unit apartment complex located in West Lebanon. Built in 1948, the property offers (3) 2 bed / 1 bath units and (7) 1 bed / 1 bath units. As-is cap rate is 6.87% and 7.88% on highest achieved rents. Two units have been fully renovated, offering immediate rent growth potential as leasing demand remains strong. The property features a central courtyard, off-street parking, and onsite laundry — appealing amenities in a quiet, residential neighborhood.
