Listing Courtesy of COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.. Agent: 503-361-7151 Selling Office: THE SANDERS COMPANY.
HUGE Rent Increases - Monthly rent was: $5,450. BRAND NEW monthly rent: $6,556 (+20%). Owner states "this close to OSU campus property has been a cash cow for 3 decades - w/low turnover; Only 2 vacancies since 1995; tenants typically stay 2 to 3 years. Low maintenance w/$30,000 remodeling/capital improvements in last few years. $13,000 proactive electrical/plumbing tune-up to prevent future repair costs; New $20,000 roof in 2022". Easy, turnkey professionally managed stable student housing investment.
