Walnut Grove is a stabilized six-plex near Wal-Mart, Costco, Fred Meyer and public schools. Large updated two-bedroom units with storage closets off decks and patios. All units are equipped with new washers and dryers & new appliances. Large site with picnic area beneath 100-year old walnut trees. Bus kiosk. Screened tenants. Recent executed leases. Below market rents, good upside for your new or mature savvy investor. Market rent at $1,450 per month could raise OAR to 7.00% with efficient management. New owner, utilities reimbursements or carport fees? I am selling because I moved out of the area.
