Kammerer Industrial Park | 720 NE Granger Ave
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Kammerer Industrial Park 720 NE Granger Ave
31,584 SF 92% Leased Industrial Building Corvallis, OR 97330 $8,504,678 CAD ($269 CAD/SF) 6.50% Cap Rate
Investment Highlights
- ***OWNER WILL CARRY FINANCING AT BELOW MARKET RATES***
- Served by wells and septic systems. Located in the county. No city taxes.
- 22.4 acres- 4 zoned Rural Industrial and 18 zoned EFU.
- 10 units, 1 house (office), 1 manufactured home (residence) and 5 storage units.
- 3 phase power.
- Extremely stable tenant base. Vacancy loss has not been incurred in years.
Executive Summary
Owner will carry financing for a period of time. Seller is currently renting the house/office from himself and is willing to remain in the complex for up to a year after the sale while the new owner works to secure a new tenant.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| 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 (Pro forma - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Utilities
- Water - Well
- Sewer - Septic Field
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PROPERTY TAXES
| Parcel Number | 042840 | Total Assessment | $555,140 CAD (2023) |
| Land Assessment | $0 CAD (2023) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
042840
Land Assessment
$0 CAD (2023)
Improvements Assessment
$0 CAD (2023)
Total Assessment
$555,140 CAD (2023)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
zoning
| Zoning Code | RI and EFU (Rural Industrial and Exclusive Farm Use (see map)) |
| RI and EFU (Rural Industrial and Exclusive Farm Use (see map)) |
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Presented by
Vanguard Realty Group
Kammerer Industrial Park | 720 NE Granger Ave
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