-1.3 Acre fenced and gated RV/Boat Storage with seller financing available.- 7.4% Cap Rate on actuals - Seller carry terms yield 8.3% 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: 6%- Term: 5 years- Amortization: 30 years- Monthly payment: $5,996
Listing Provided Courtesy of Darby Britton, Works Real Estate
General Information
635124088
LightIndustrial
48
DOM
1.3 acres
1013
1926
IG2
Multnomah
R323762
CommercialSale
LightIndustrial
SECTION 02 1N 1W, TL 1500 1.30 ACRES
Listing Provided Courtesy of Darby Britton, Works Real Estate
Krishna Realty data last checked: Jun 17, 2025 01:51 | Listing last modified Apr 30, 2025 11:45,
Source:
-1.3 Acre fenced and gated RV/Boat Storage with seller financing available.- 7.4% Cap Rate on actuals - Seller carry terms yield 8.3% 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: 6%- Term: 5 years- Amortization: 30 years- Monthly payment: $5,996
