This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1111 Main St
Klamath Falls, OR 97601
The Elk Apartments · Multifamily Property For Sale · 54 Units
PROPERTY FACTS
| No. Units | 54 | Building Size | 39,835 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built/Renovated | 1930/1970 |
| Building Class | C | Parking Ratio | 1.9/1,000 SF |
| Lot Size | 1.24 AC |
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.24 AC |
| Building Size | 39,835 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1930/1970 |
| Parking Ratio | 1.9/1,000 SF |
Unit Amenities
- Cable Ready
- Views
- Double Pane Windows
- Instant Hot Water
- Recreation Room
- Vinyl Flooring
Site Amenities
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Security System
- Vintage Building
- Storage Space
- Elevator
- Maintenance on site
About 1111 Main St , Klamath Falls, OR 97601
ABOUT THE BUILDING The Elk Apartment Building offers 52,200 rentable square feet. The property is wood-frame construction with a brick exterior. The building is three-story above ground construction with a basement level. Two of the retail spaces are ground level. The three smaller retail units are in the basement. The Elk Building is currently in good condition. The seller has owned and operated the building for the past decade. Capital improvements include: high energy efficiently water heater (2017) which serves the whole building, full remodel of Suite A and B (2015-2016), electrical panel replacement and upgrades including sub-metering of all commercial space (2008-2016), security system including interior and exterior cameras (2013-2015). A complete list of upgrades since 2007 is available.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | $572.00 | 500 |
| 1+1 | 38 | $600.00 | 600 |
| 2+1 | 4 | $697.50 | 800 |
| 2+2 | 1 | $725.00 | 1,010 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $7,980 | |
| Land Assessment | $22,460 | Total Assessment | $1,031,470 |
PROPERTY TAXES
zoning
| Zoning Code | GC (Residential and Commercial development) |
| GC (Residential and Commercial development) |
Learn More About Investing in Apartment Buildings
