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 7.67% Cap on Actuals, 8.46% on Proforma. 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
100
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: Aug 27, 2025 02:28 | Listing last modified Aug 06, 2025 15:37,
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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
100
121
Cash,Conventional
$1,295,000
$1,195,000
Aug 06, 2025 15:37
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 7.67% Cap on Actuals, 8.46% on Proforma. 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.
