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Blue Garden 831 Main St

4 Unit Apartment Building $425,241 CAD ($106,310 CAD/Unit) Dallas, OR 97338

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Investment Highlights

Historic Downtown Dallas Oregon
5510 square feet on 2 floors

Development opportunity to create multiple apartments

Executive Summary

95k price drop! Motivated seller. Development opportunity in central business district of Dallas Oregon. Could be redesigned as multiple apartments or one large apartment or ? . Offering is for the top 2 floors of historic "Blue Garden" building in downtown Dallas. Building is centerpiece of downtown area being the tallest building in town other than the Polk County courthouse which is directly across the street.Total of 5510 sqft w/classic features like pecan floors, 12 foot ceilings, columns & crown mouldings.City of Dallas appreciates how renewal of this building would positively impact the city & has renewal funds available

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Property Facts

Price	$425,241 CAD	Property Subtype	Apartment
Price Per Unit	$106,310 CAD	Apartment Style	Mid Rise
Sale Type	Investment	Construction Status	Under Renovation
Sale Conditions	1031 Exchange	Building Size	5,510 SF
No. Units	4	No. Stories	2
Property Type	Multifamily	Year Built	1890

Price	$425,241 CAD
Price Per Unit	$106,310 CAD
Sale Type	Investment
Sale Conditions	1031 Exchange
No. Units	4
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Mid Rise
Construction Status	Under Renovation
Building Size	5,510 SF
No. Stories	2
Year Built	1890