
Description
Welcome to the Mt. View Cottages, a rare public offering of a 6-unit apt complex that presents an opportunity to buy an established complex with strong in-place income & proven upside. 3 separate duplexes on one parcel. 3 units have recently been renovated. Exceptionally located, walking distance to Sunset Elementary, West Linn High School, & numerous parks and nature reserves. Current cap rate of +/-4.89% with proforma cap rate of +/-5.72%. (2) 562 SF 2bed/1bath units and (4) 557 SF 1bed/1bath units
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8BEDS
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0.46ACRES
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6BATHS
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01/2 BATHS
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3,351SQFT
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$343$/SQFT
School Ratings & Info
Description
Welcome to the Mt. View Cottages, a rare public offering of a 6-unit apt complex that presents an opportunity to buy an established complex with strong in-place income & proven upside. 3 separate duplexes on one parcel. 3 units have recently been renovated. Exceptionally located, walking distance to Sunset Elementary, West Linn High School, & numerous parks and nature reserves. Current cap rate of +/-4.89% with proforma cap rate of +/-5.72%. (2) 562 SF 2bed/1bath units and (4) 557 SF 1bed/1bath units
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