1695 OAK ST Hood River, OR97031

$8,050,000
48 total units
6 total bedrooms
3 total bathrooms
$637,296 annual income
Capitilization Rate: 5.29
2375 total sq. ft
1 to 2.99 Acres
Elementary School: May Street
Middle School: Hood River
High School: Hood River Vall
Zoning: C2
1051 days on market

VestorFilter™

Price per unit$167.7K/unit
Price per ft²$3,389.47/ft²
Price per acre$8.05M/ac
Price per bedroom$1341.7K/bed
Time on market1051 days

Property Description

Columbia View Apts is a 100% leased, high-performing asset in the desirable community of Hood River. 4 separate buildings w/ peek-a-boo views of Mt. Adams. Family-oriented property, excellent tenant history, rise in rents, & many improvements under current ownership. On-site professionally managed property w/ great cash flow. With rents steadily rising, strong returns & growth are expected. Fantastic location in the heart of Hood River near breweries, restaurants, coffee shops, Safeway & Walmart

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Financial Data

Date Sold2021-08-16
Sold Price$8,050,000
Original Price$8,150,000
Current Price$8,050,000
Property Taxes$53,305

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Home Facts

StatusSold
Year Built1970
MLS ID21481792

Unit Details

Unit 1
Unit 2
Unit 3