Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1973
Sq.Footage
N/A
Strong rental market makes this a hot property for cash flow. 10 unit apartment complex located in the Grants Pass Opportunity Zone makes it even more attractive. The complex has 2 buildings on separate lots, building 1 has 4 units and building 2 has 6 units, each building could be sold separately. Building #1 4088 sq. ft., two 1 bedroom units and two 3 bedroom units. Building #2 5668 sq. ft., four 2 bedroom units and two 3 bedroom units. Additionally there is a small coin op laundry room and 10 small storage rooms for tenants possessions. Buildings appear solid, frame construction with concrete block dividing walls between units, slab foundations and roofs replaced approx. 3 years ago on the 4-plex and 5 years ago on the 6-plex. Some rents are below market so there is room to grow the income further. All tenants are month to month, see attached documents for income and expenses.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Heating YN
YES
-
Heating
Electric, Forced Air, Radiant
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block, Frame
-
Parking
Parking Lot
-
Pool
No
Area & Lot
-
Lot Features
Landscaped
-
Lot Size(acres)
0.14
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,450,000
-
Tax Amount
3475.0
-
Zoning
R-4
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
4301
-
Water Source
Public
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Location
County
Jackson
Elementary School
Middle School
High School
Listing Courtesy of Steven W Parmelee , Windermere Van Vleet & Assoc2
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Broker
Christy Symons Your - Central Oregon Realtor
Call Christy today to schedule a private showing.
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