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- LoopNet Team
37731 Rolltide Ct
Lebanon, OR 97355
Roll Tide Duplexes · Land For Sale · 1.25 AC
Investment Highlights
- New construction
- Earning Potential
- Highly desirable neighborhood
- Investment opportunity
- Plans Approved
- Impressive 5.5% cap rate
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 1.25 AC |
| Property Subtype | Residential | Cross Streets | River Dr |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 1.25 AC |
| Cross Streets | River Dr |
Description
New construction investment opportunity with rents of $21k+ monthly. 5 duplexes give you ten 3 bed, 2.5 bath townhomes. Located in a highly desirable neighborhood, just off River Drive between the Santiam River and Cheadle Lake Park, provides easy access to the North Shore Trail and a walking trail that leads to the South Santiam via Riverview Park. Close to dining, shopping, and Highway 20. Proximity to a medical school and Western Oregon University, ensuring strong return on investment. With the high demand for housing in this growing town, this investment is a no-brainer, an impressive 5.5% cap rate.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $246,793 | Total Assessment | $246,793 |
PROPERTY TAXES
zoning
| Zoning Code | Z-RM (Accommodates a variety of housing types, making it perfect for this duplex project. Building permits issued. All requirements are met.) |
| Z-RM (Accommodates a variety of housing types, making it perfect for this duplex project. Building permits issued. All requirements are met.) |
