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510 SE Floed Ave

6 Unit Apartment Building $329,000 ($54,833/Unit) 9.61% Cap Rate Roseburg, OR 97470

Investment Highlights

  • Heart of Roseburg, historic district, corner lot
  • Full remodels on two ground floor units
  • Close to town and walking distance to downtown Roseburg
  • 6-unit apartment complex with craftsman charm
  • Each unit separately metered for gas and electric, onsite coin-op laundry
  • Attractive for rental portfolio expansion

Executive Summary

Presenting an excellent investment opportunity in the heart of Roseburg! This attractive 6-unit apartment complex, located on a corner lot in the historic district, features craftsman charm and great curb appeal! The property features four 1-bedroom apartments, and two cozy studio apartments. Recent updates include full remodels on two ground floor units. Each unit is separately metered for gas and electric, and coin-op laundry is onsite, allowing for increased cashflow. Situated close to town and within walking distance to all the amenities of downtown Roseburg. Don't miss out on this great investment opportunity in the vibrant and historic area of Roseburg. Add this beautiful 6-plex to your rental portfolio today!

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts Under Contract

Price $329,000
Price Per Unit $54,833
Sale Type Investment
Cap Rate 9.61%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.11 AC
Building Size 3,216 SF
No. Stories 3
Year Built 1912
Opportunity Zone Yes

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $787.50 -
Studios 2 $607.50 -
Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R72607
Land Assessment
$33,544 (2024)
Improvements Assessment
$80,400 (2024)
Total Assessment
$113,944 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023

zoning

Zoning Code MR14 (Medium-Density Residential)
MR14 (Medium-Density Residential)
  • Listing ID: 33993866

  • Date on Market: 7/18/2024

  • Last Updated:

  • Address: 510 SE Floed Ave, Roseburg, OR 97470

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