17770 S SCHMIDT RD , Beavercreek OR 97004 US

Rare opportunity! 97 acres with operating lumber mill generating $17,500/mo lease income (written lease with escalation clause). Home rental income of $2000/mo plus income from Christmas tree land lease: 100,000+/- trees at $1.00 per tree when trees are sold. Projected cap rates of 3.66% - 6.82%. ...

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17770 S SCHMIDT RD
Beavercreek OR 97004 US

72,950 sqft

#17522933

Courtesy of: Eugene Wolf, Wolf N.W. Properties, Inc.

$4,477,000

17770 S SCHMIDT RD Rare opportunity! 97 acres with operating lumber mill generating $17,500/mo lease income (written lease with escalation clause). Home rental income of $2000/mo plus income from Christmas tree land lease: 100,000+/- trees at $1.00 per tree when trees are sold. Projected cap rates of 3.66% - 6.82%. Upscale custom home with masonry fireplaces & extensive use of natural wood. Cultivated land with jory soil, pond & timber. 40+/- min to PDX.

  • Facts
  • Built in: 1985
  • Lot Size: 97.27 acre
  • Property Type: Commercial
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Metal, Wood
  • Roof Type: Metal
  • Heating Systems: Hot Water
  • Additional Features
  • Pond
  • Waterfront
  • Neighborhood
  • Oregon City
  • Beavercreek
  • Canby
  • Molalla
  • Mulino
Listing Changed: 10/23/2017 11:23:10 PM GMT
MLS Updated: 2/23/2018 6:22:19 AM GMT

Courtesy of: Eugene Wolf, Wolf N.W. Properties, Inc.

Listing Source - ListHub

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