-1.3 Acre fenced and gated RV/Boat Storage with seller financing available.- 9.5% Cap Rate on actuals - Seller carry terms yield 8.4% cash-on-cash return- Low vacancy, low maintenance with significant opportunity for increased revenue- All storage leases are month-month. New leases have filled at market rate with ease- Included 2 bedroom 1 bath 949 SF house for manager’s residence, or additional rental income- Detached management officeSeller financing terms:- Down payment: $700,000- Interest rate: 5%- Term: 5 years- Amortization: 30 years- Monthly payment: $3,758
Listing Provided Courtesy of Darby Brillanceau Lewis, Works Real Estate
General Information
387456564
LightIndustrial
3
DOM
1.3 acres
1169
1926
IG2
Multnomah
R323762
CommercialSale
LightIndustrial
SECTION 02 1N 1W, TL 1500 1.30 ACRES
Listing Provided Courtesy of Darby Brillanceau Lewis, Works Real Estate
Krishna Realty data last checked: Oct 05, 2025 09:14 | Listing last modified Oct 02, 2025 14:23,
Source:
-1.3 Acre fenced and gated RV/Boat Storage with seller financing available.- 9.5% Cap Rate on actuals - Seller carry terms yield 8.4% cash-on-cash return- Low vacancy, low maintenance with significant opportunity for increased revenue- All storage leases are month-month. New leases have filled at market rate with ease- Included 2 bedroom 1 bath 949 SF house for manager’s residence, or additional rental income- Detached management officeSeller financing terms:- Down payment: $700,000- Interest rate: 5%- Term: 5 years- Amortization: 30 years- Monthly payment: $3,758
