39 Unit Apartment Complex

By Bob • December 30th, 2009

For Sale – Northgate Villa
39 Unit Apartment Complex
1480 16th Street, Springfield, Oregon 97477

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Description:

  • 5 (1)-bedrooms
  • 30 (2)-bedrooms
  • 4 (3)-bedrooms on 1.65 acres
  • Near Mohawk Shopping Center

Price $2,060,000

  • Cap Rate 7.3%
  • GIM 8.12x
  • $66.45 psf building area
  • Price Per Unit $52,820
Northerly Exterior 6plex

Northerly Exterior 6plex

Entry From 16th Street

Entry From 16th Street

Contact: Bob Nelson, CCIM at (541) 485-8100
bob@1031guru.com (800) 551-1031 Ext1
Pacwest Real Estate Investments, LLC
711 Country Club Rd, Ste 1B Eugene, OR 97401

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