28915 Highway 730Umatilla, OR97882

$549,000
5 total units
$50,400 annual income
Capitilization Rate: 8.17
Acres1to3
Elementary School: McNary Heights
Middle School: Clara Brownell
High School: Umatilla
Zoning: C-2
974 days on market

VestorFilter™

Price per unit$109.8K/unit
Time on market974 days

Property Description

INVESTOR ALERT!! 5 Separate Rental Cabins and 6 RV Spaces! All sitting two separate tax lots making up 1.66 acres of land with C-2 Commercial Zoning! View of the Columbia River and Umatilla River! The only land between this property and the riverfront is owned by Army Corps of Engineers! Amazing income potential as it sits, or the possibilities are endless for development opportunity! Incredible visibility and high traffic count for potential commercial use! Don't miss out on this rare property!

{{ compliance-logo }}Listing Provided By Christianson Realty Group

Financial Data

Date Sold2022-12-01
Sold Price$475,000
Original Price$549,000
Current Price$549,000
Property Taxes$65

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Home Facts

StatusSold
Year Built1940
Stories1
MLS ID21670306

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4