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Blackburn Manor 1842 Esplanade

8 Unit Apartment Building $1,410,333 CAD ($176,292 CAD/Unit) 8.93% Cap Rate Klamath Falls, OR 97601

Apartment Buildings Oregon Klamath Falls 1842 Esplanade, Klamath Falls, OR 97601

Investment Highlights

  • Cap rate and net operating income are based upon a pro forma basis.

Executive Summary

Blackburn Manor is a beautifully renovated 8-plex. It is an investors dream with newly renovated units and a newer roof. This centrally located investment property is a one-of-a-kind opportunity. There is on-site laundry and rents include all utilities. The 8-plex is geothermal heated and boasts fresh paint and new flooring throughout. Make your viewing appointment today!
Private Remarks: Utilities include: Heat (Geothermal), water, electricity, and wi-fi. There are an additional 5 storage units. One is currently rented for $50.00, One unit is used for the properties storage. There are an additional 3 storage units that are not currently rented. Roof is approximately 6-7 yrs old.

Attachments

3900_001

Property Facts

Price $1,410,333 CAD Property Subtype Apartment
Price Per Unit $176,292 CAD Building Class C
Sale Type Investment Lot Size 0.14 AC
Cap Rate 8.93% Building Size 7,854 SF
No. Units 8 No. Stories 2
Property Type Multifamily Year Built 1927
Price $1,410,333 CAD
Price Per Unit $176,292 CAD
Sale Type Investment
Cap Rate 8.93%
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.14 AC
Building Size 7,854 SF
No. Stories 2
Year Built 1927
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Walk Score ®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
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Transit Score® measures access to public transit.
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measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number R304183 Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $298,891 CAD

PROPERTY TAXES

Parcel Number
R304183
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$298,891 CAD

zoning

Zoning Code A
A
(541) 885-4400

  • Listing ID: 32142335

  • Date on Market: 2024-06-14

  • Last Updated:

  • Address: 1842 Esplanade, Klamath Falls, OR 97601

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Blackburn Manor | 1842 Esplanade
(541) 885-4400 x

Blackburn Manor | 1842 Esplanade

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Allison York

(541) 885-4400

(541) 885-4400

Tracy Ledgerwood

(541) 885-4400

(541) 885-4400

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