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175 NE Fern Ct

6 Unit Block of Flats £979,125 (£163,187/Unit) 6.32% Net Initial Yield Dallas, OR 97338

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Executive Summary

Presenting an exceptional investment opportunity in the thriving city of Dallas, OR. This recently renovated 6-unit property is designed to attract top-tier rent rates, offering a turnkey experience with no additional work required. The property features fully remodeled kitchens and bathrooms, new flooring, updated fixtures, fresh interior and exterior paint, and much more—ask for the complete list of updates! The unit mix includes four 2-bedroom, 1.5-bath units and two 1- bedroom, 1-bath units, all with on-site parking. Nestled on a quiet cul-de-sac just minutes from Dallas’ main road, this property combines convenience with a peaceful setting. Dallas offers an inviting blend of small-town charm and growth potential, nestled in the scenic Willamette Valley. The city boasts a diverse economy driven by agriculture, especially winemaking, and bolstered by expanding industries like high-tech manufacturing. With abundant parks and recreational options, Dallas provides an appealing lifestyle for residents while remaining an attractive option for investors.

RE Flyer 2024 0909 175 NE Fern Ct Dallas OR 97338 Trevor Howard Sabrina James 8.5x11

Property Facts

Price	£979,125	Building Class	C
Price Per Unit	£163,187	Lot Size	0.34 AC
Sale Type	Investment	Building Size	5,004 SF
Net Initial Yield	6.32%	Number of Floors	1
No. Units	6	Year Built/Renovated	1972/2023
Property Type	Residential	Parking Ratio	1.8/1,000 SF
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low Rise

Price	£979,125
Price Per Unit	£163,187
Sale Type	Investment
Net Initial Yield	6.32%
No. Units	6
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.34 AC
Building Size	5,004 SF
Number of Floors	1
Year Built/Renovated	1972/2023
Parking Ratio	1.8/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.