Riddle, OR 97469,334 E 5th AVE
Riddle, OR 97469,334 E 5th AVE
Riddle, OR 97469,334 E 5th AVE
16
Listed by Columbia Equity Advisors
Bought with Harcourts Integrity Team Real Estate Services, LLC.
$1,320,000
$1,400,000
5.7%
Est.Price: ?

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334 E 5th AVE Riddle, OR 97469

Est. payment /mo
SOLD DATE : 01/29/2021

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Key Details

Sold Price $1,320,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Riddle, Or

MLS Listing ID 20505312

Sold Date 01/29/21

Year Built 1970

Annual Tax Amount $4,900

Property Description

ATTENTION INVESTORS! Here is your opportunity to own a desirable recession proof asset. Old Hotel Mobile Home Park has a long history of high occupancy and long term renters. A manager is on site and vacancy or delinquent rent is a rare occurrence. The property is in excellent physical condition most all of the water and sewer lines being replaced. The current owner paid approx. $80k for new paving. The park is comprised of 27 park spaces and three stick built homes. Don't miss out on this one!

Location

State OR

County Douglas

Area _258

Zoning UZ

Interior

Heating Floor Furnace

Exterior

View Y/N true

View Mountain

Parking Type Paved

Garage No

Building

Lot Description Level

Story 1

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Riddle

High Schools Riddle

Others

Acceptable Financing CallListingAgent, Cash, Conventional, FHA

Listing Terms CallListingAgent, Cash, Conventional, FHA

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Regional Multiple Listing Service (RMLS)

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Robert Thompson

Broker | License ID: OR 201225247 WA 20122647

+1(503) 729-9477

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