2656 S Main Rd
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2656 S Main Rd
11 Unit Block of Flats £2,816,820 (£256,075/Unit) 5.50% Net Initial Yield Lebanon, OR 97355
Investment Highlights
- High End Investment Property
- Close the Amenities like shopping, restaurants and activities.
Executive Summary
Great Opportunity with high end finished new construction 11 unit complex with 4 duplex's and 1 triplex located on one tax lot. Almost fully occupied and professionally managed this one is a winner for an investors portfolio. Each duplex is 3 bed 2.5 bath each side w/ 1 car garage. The triplex is 1 bed 1 bath. Custom cabinetry throughout with quartz counters! The grounds have high end privacy fenced and landscaped. One member is a licensed broker in the state of Oregon.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | £2,816,820 | Property Subtype | Apartment |
| Price Per Unit | £256,075 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.74 AC |
| Net Initial Yield | 5.50% | Building Size | 8,071 SF |
| No. Units | 11 | Number of Floors | 2 |
| Property Type | Residential | Year Built | 2023 |
| Price | £2,816,820 |
| Price Per Unit | £256,075 |
| Sale Type | Investment |
| Net Initial Yield | 5.50% |
| No. Units | 11 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.74 AC |
| Building Size | 8,071 SF |
| Number of Floors | 2 |
| Year Built | 2023 |
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer Hookup
- High Speed Internet Access
- Refrigerator
- Range
- Carpet
- Double Pane Windows
- Island Kitchen
- Lawn
- Patio
- Vinyl Flooring
- Window Coverings
Site Amenities
- Courtyard
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 3+2.5 | 8 | £1,717 | 2,742 |
| 1+1 | 3 | £1,013 | 576 |
1 of 1
Walk Score ®
Very Walkable (73)
Bike Score ®
Very Bikeable (71)
zoning
| Zoning Code | RM |
| RM |
1 of 34
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2656 S Main Rd
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