Solid 7.7% cap rate from this mixed commercial/residential income property. Both buildings are leased. 3 yrs of 5 left on the commercial NNN lease with 3% annual increases. The 1 yr res lease just started. Res pays their utilities. No deferred maintenance. Fantastic high traffic location half a block off Santiam Hwy with signage visible from the Hwy.
Santiam Hwy
Dwelling Type: CommercialSale
Subdivision:
Year Built: 1972, County: US
Santiam Hwy
Listing is courtesy of