The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Tuesday, December 11, 2012
For Sale in Klamath Falls! 47 Units Plus Retail
Located in downtown Klamath Falls, this 47-unit apartment building also boasts approximately 18,500 sq. ft. of retail space. Rents are increasing and retail is stabilized with triple-net leases in the restaurant and dance hall.
The Elk Apartments was originally built in 1929 as the Elk Hotel and was converted to apartments in the 1980's. The building has elevator service and parking is available to residents and retail tenants.