4725-4729 6th Street, KLAMATH FALLS, OR
Others for Sale - $439,000 - 2,700 Sq. Ft.
Property Info
CIMLS# | 1078948 |
Location 4725-4729 6th Street KLAMATH FALLS OR 97603 | |
Updated | December 29th, 2020 |
Type | Others |
Price | $439,000 |
Building | 2,700 Sq. Ft. |
Property Description
For the buyer that wants an easy investment with good cash flow and variety, this property has a lot to offer! The building was stripped to the studs in early 2000s and completely upgraded. Membrane roof 2014. 14 Storage units which are included in the sale. Both office building and storage units have excellent rental history, many tenants being long-term. Great exposure on South Sixth Street, this property also boasts great parking: 6 spaces in the front of the office building and additional 9 behind the building, in front of the storage units. The office building currently holds two well-established businesses in 2700 square feet, State Farm and Peterson Trucking. The Storage facility is 1,600 square feet and is comprised of 12 units that measure 10'x10' and 2 units that measure 10'x20' Tenants pay water, electricity &garbage. Cap rate at asking price is above 7% . A very intriguing owner carry option also available. This one cash flows really well. Don't miss this one.