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Updated about 1 year ago,
Duplex - Warrenton, Oregon $575k 7.6% Cap Rate Newer 6 Bedroom 5 Baths 3K Sq ft
Hi there, I have a duplex in Warrenton, Oregon (across the bridge from Astoria and close to Seaside and Gearhart on the Oregon Coast). I am exploring sell the units. I have 13 other properties across the US as an individual investor. Is this the right place to list it.
Cap Rate is 7.6%
6 Bedrooms, 5 baths (both 3 bedroom units)
Built in 2005, Fresh Paint. Been Fully occupied its whole life I have owned it. First unit is leased at $2,200 in one unit and second unit could lease from $2k to $2.4k. Near Coast Guard, Home Depot, Astoria, Seaside, Costco and walking distance to downtown. Would want to do a 1031 Exchange.
Offering
Portland, Oregon