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Loucks Way 600 Loucks Way

4 Unit Block of Flats £588,307 (£147,077/Unit) 2.50% Net Initial Yield Brownsville, OR 97327

Investment Highlights

  • Convient location to I-5
  • Covered porch

Executive Summary

4 units total. 3 are two bed and one bath and other unit is one bed one bath located Brownsville Or. Each unit has a covered back porch and ample on site parking . Roof is approximately 12 years old. Owner pays for water and sewer of two units and trash removal for he complex. No showing without accepted offer please do not contact tenants. Owner will carry a note and trust deed at 6%.

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 $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

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 $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £588,307 Apartment Style Low Rise
Price Per Unit £147,077 Building Class C
Sale Type Investment Lot Size 0.21 AC
Net Initial Yield 2.50% Building Size 2,727 SF
Sale Conditions Portfolio Sale Average Occupancy 100%
No. Units 4 Number of Floors 1
Property Type Residential Year Built 1978
Property Subtype
Apartment
  • Multifamily Dormitory
Price £588,307
Price Per Unit £147,077
Sale Type Investment
Net Initial Yield 2.50%
Sale Conditions Portfolio Sale
No. Units 4
Property Type Residential
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 0.21 AC
Building Size 2,727 SF
Average Occupancy 100%
Number of Floors 1
Year Built 1978

Unit Amenities

  • Porch

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 1 £193.75 -
2+1 3 £549.09 -
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PROPERTY TAXES

Parcel Number 0425351 Total Assessment £160,310
Land Assessment £0 Annual Taxes -£1 (£0.00/sf)
Improvements Assessment £0 Tax Year 2023

PROPERTY TAXES

Parcel Number
0425351
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£160,310
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023

zoning

Zoning Code R4 (R4 Multi family)
R4 (R4 Multi family)
(541) 905-3258

  • Listing ID: 33396427

  • Date on Market: 03/10/2024

  • Last Updated:

  • Address: 600 Loucks Way, Brownsville, OR 97327

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© 2024 CoStar Group

Loucks Way | 600 Loucks Way
(541) 905-3258 x

Loucks Way | 600 Loucks Way

Bill Flesher

(541) 905-3258

(541) 905-3258

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