Prineville Multi-Family

MUST BE SOLD AND CLOSE TOGETHER. SOLD “AS IS”.

Garage/Storage Building could be converted to tenant storage for added income. Laundry room for tenants, natural gas heating in each unit. Exteriors need siding repairs and painting, interiors in good shape. Rents appear under market, have not been raised recently. Pro Forma NOI $50,539, current rents plus vacant unit at $850 and averaging last 2 years expenses. Buyers to perform own due diligence of property and additional development opportunities, flood plain environmental conditions and the like.

Showings only with accepted offer. Tenants pay electric, Landlord pays sewer, water, gas, taxes, garbage, insurance and maintenance.

Property Details