722 Southeast Flint Street
Roseburg, OR 97470
$720,000
Price
-
Beds
-
Baths
- Sq. Ft.
- / Sq. Ft.
Documents
| Name | Notes |
|---|---|
| Property 5 Year NOI.pdf | NOI and Tenant Expenses |
| 722-728 SE Flint Property Tax-Paid by Tenant.pdf | Property Tax by Tenant |
| 722 SE Flint Sale Flyer.pdf | Sale Flyer |
Description
This 4-plex in Roseburg, OR, presents an exceptional investment opportunity with stable income and minimal owner involvement. Remodeled in 2023 specifically for adult home care services, the property offers:
• Stable, NNN Lease: Secure $3,600 monthly income with a long-term, 5-year lease and a reputable tenant.
• Strong ROI: Four 1-bedroom, 1-bathroom units, each leased for $900 NET per month, generating a strong annual ROI of 6%.
• Passive Ownership: Enjoy minimal management hassle as the tenant covers taxes, insurance, utilities, and maintenance.
• Tenant pays RE Taxes and Insurance in addition to all utilities and maintenance, directly to appropriate agencies.
• No deferred maintenance thanks to recent renovations and a tenant responsible for maintenance and their own remodel needs.
• Built-in Stability: Benefit from a 5-year lease, plus renewal options and annual rent increases, ensuring consistent income with long-term income growth and minimal management hassle.
• Minimal Vacancy Risk: The unique property design tailored for adult home care services minimizes vacancy risk and enhances tenant satisfaction. Home Care State Licenses are specific to property and are not easily transferable or moved hence the stability of tenant for a long easy Net income.
• Flexible Financing: We're open to discussing seller financing options with competitive rates and reasonable down payments, making this opportunity even more attractive.
Location
Basics
$720,000
0
4 units
2 bldgs
1950
2023
1 floor
Buildings
Stucco
Composite
Shared
2 units
Window / Wall Unit
Other
Stucco
Composite
Shared
2 units
Window / Wall Unit
Other
Units
1 bed
550
900
Dishwasher, Freezer, Microwave, Range / Oven, Refrigerator
2
Assigned
2 units
100 %
Laminate, Wood, Other
1 bed
600
900
Dishwasher, Freezer, Microwave, Range / Oven, Refrigerator
2
Assigned
2 units
100 %
Carpet, Laminate, Other
1 bed
650
-
Dishwasher, Freezer, Microwave, Range / Oven, Refrigerator
2
Assigned
2 units
100 %
Carpet, Laminate, Other
1 bed
650
900
2
Assigned
2 units
100 %
Carpet, Laminate, Other
Features & Terms
Playground
Owner-Financing Available
Media
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