161 Vintage Ln - 161 Vintage
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161 Vintage Ln - 161 Vintage
222.67 Acres of Agricultural Land Offered at $699,000 in Myrtle Creek, OR 97457
Investment Highlights
- Off I-5 222 acres with 4 rental units.
Executive Summary
4 rental units, 2 homes and a duplex, plus 222 acres leased for pasture. Fenced and cross fenced.
Financial Summary (Actual - 2023) |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$32,600
|
$146.40
|
| Other Income |
$1,200
|
$5.39
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$33,800
|
$151.79
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$4,230
|
$19.00
|
| Net Operating Income |
$29,570
|
$132.80
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $32,600 |
| Annual Per AC | $146.40 |
| Other Income | |
|---|---|
| Annual | $1,200 |
| Annual Per AC | $5.39 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $33,800 |
| Annual Per AC | $151.79 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $4,230 |
| Annual Per AC | $19.00 |
| Net Operating Income | |
|---|---|
| Annual | $29,570 |
| Annual Per AC | $132.80 |
Property Facts
| Price | $699,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Agricultural |
| No. Lots | 1 | Total Lot Size | 222.67 AC |
| Price | $699,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Total Lot Size | 222.67 AC |
1 Lot Available
Lot
| Price | $699,000 | Lot Size | 222.67 AC |
| Price Per AC | $3,139 |
| Price | $699,000 |
| Price Per AC | $3,139 |
| Lot Size | 222.67 AC |
222.67 acres with 4 rental units, Also pasture is leased.
Description
222 acres off exit 112. Has 4 rental units. Plus pasture rental.
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PROPERTY TAXES
| Parcel Number | R66605 | Improvements Assessment | $0 (2024) |
| Land Assessment | $0 (2024) | Total Assessment | $307,821 (2024) |
PROPERTY TAXES
Parcel Number
R66605
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$307,821 (2024)
zoning
| Zoning Code | FG (Farm Grazing) |
| FG (Farm Grazing) |
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Presented by
Currieco Real Estate, Inc.
161 Vintage Ln - 161 Vintage
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