1100 W 5TH PL The Dalles, OR97058

$3,435,000
32 total units
6 total bedrooms
3 total bathrooms
$331,859 annual income
Capitilization Rate: 6.08
23232 total sq. ft
20,000 SqFt to .99 Acres
Elementary School: Dry Hollow
Middle School: The Dalles
High School: The Dalles-Waht
Zoning: CG
1151 days on market

VestorFilter™

Price per unit$107.3K/unit
Price per ft²$147.86/ft²
Price per acre$7.31M/ac
Price per bedroom$572.5K/bed
Time on market1151 days

Property Description

Cherry Blossom Apts is a fully stabilized, wonderfully performing asset in growing community of The Dalles. 2 separate bldgs of 16 units each, excellent tenant history, rise in rents & undergone many improvements under current ownership. Professionally managed, great cash flow, offered at over a 6 CAP. This property expected to see excellent returns & growth for years to come. In proximity to some of Oregon's most stunning landscapes. The Dalles has become an ideal place to live and invest in.

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Financial Data

Date Sold2021-04-07
Sold Price$3,435,000
Original Price$3,400,000
Current Price$3,435,000
Property Taxes$26,531

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Home Facts

StatusSold
Year Built1976
Stories2
Exterior Features
MLS ID21133145

Unit Details

Unit 1
Unit 2
Unit 3