Description
New construction investment opportunity with rents of $21k+ monthly. 5 duplexes give you ten 3 bed, 2.5 bath townhomes. Highly desirable neighborhood, off River Drive between the Santiam River and Cheadle Lake Park. Easy access to the North Shore Trail and a walking trail that leads to the South Santiam via Riverview Park. Close to dining, shopping, Highway 20, and WOU Medical School. With the high demand for housing in this growing town, you can earn an impressive 5.5% cap rate.
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30BEDS
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1.25ACRES
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25BATHS
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01/2 BATHS
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14,792SQFT
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$230$/SQFT
School Information
Description
New construction investment opportunity with rents of $21k+ monthly. 5 duplexes give you ten 3 bed, 2.5 bath townhomes. Highly desirable neighborhood, off River Drive between the Santiam River and Cheadle Lake Park. Easy access to the North Shore Trail and a walking trail that leads to the South Santiam via Riverview Park. Close to dining, shopping, Highway 20, and WOU Medical School. With the high demand for housing in this growing town, you can earn an impressive 5.5% cap rate.
© 2023 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2023-12-03T21:08:55.433.