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The Whitman 16 is a value-add 16-unit property directly adjacent to Western Oregon University. The property features (12) large 2 bed / 1 bath units and (4) 1 bed / 1 bath units situated on 0.69 acres. Property has a brand-new exterior, new siding, paint, windows, doors, and roofs. Most recent leases at $1,350 puts projected NOI at $166,896 and a 7.27% cap rate.Please do not disturb the residents.Members of the selling entity are Licensed Real Estate Brokers in the State of Oregon.
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