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1038 Main St

Klamath Falls, OR 97601, USA

List price

$1,900,000

Other

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Story

10yr leased NNN - long term tenant. 8 cap if seller finance (up to 65% ) 9 cap if cash deal. Approx 7% cash on cash if seller financed 9% cash on cash if purchase outright. It's in southern Oregon...NNN lease with ~$164k NOI Selling either at an 8 cap if buyer is looking for owner carry (willing to carry up to 65% of balance, no more), or a 9 cap if paying cash and quick close. So basically either $1.82m or $2.02m I can work quickly if there is a 1031 exchange time-crunch or similar situation....

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Reason for sale

Need cash ASAP

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