A 7.97% cap rate with an on-site manager with gross monthly income of $10,043. An 11-unit apartment plus retail and garage rental. Additional income includes Studio income of $650 a month, retail space income of $1100 a month, laundry income of $580 a year, and garage income of $100 a month. The building has a new roof, with siding, exterior paint, and windows, which were replaced within the last 10 years with foundation improvements. Do not disturb tenants.
Listing Provided Courtesy of Marjorie Wells, Legend Real Estate Services
General Information
756317164
101
DOM
14
0.31 acres
10
7538
1912
RK-C-1
Tillamook
11926
Garibaldi
Neah-Kah-Nie 7/10
Neah-Kah-Nie 7/10
MultiFamily
SEC )% TWN 01N RNG 10W
Listing Provided Courtesy of Marjorie Wells, Legend Real Estate Services
Krishna Realty data last checked: Jun 21, 2025 00:29 | Listing last modified May 08, 2025 08:35,
Source:
A 7.97% cap rate with an on-site manager with gross monthly income of $10,043. An 11-unit apartment plus retail and garage rental. Additional income includes Studio income of $650 a month, retail space income of $1100 a month, laundry income of $580 a year, and garage income of $100 a month. The building has a new roof, with siding, exterior paint, and windows, which were replaced within the last 10 years with foundation improvements. Do not disturb tenants.
