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1021 NE A Street

Grants Pass, OR 97526
  • $3,600,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 220155711
Price Reduced
UPDATED: 24 min ago
$3,600,000
  • 0
    BEDS
  • 0.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,996
    SQFT
  • $1,804
    $/SQFT
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

Listing provided courtesy of John L. Scott Medford :541-719-8624.

Description

Own this well-cared-for and high-demand apartment complex in NE Grants Pass. Units have been remodeled with each turnover and the current owner's high standards of maintenance are apparent upon visiting. Rents are up to date and the property managers have documents ready. Two of the units are currently undergoing renovations and will have freshly vetted tenants occupying all units soon. Sale subject to seller finding replacement property for 1031 exchange. This property appears to be located in an Opportunity Zone. Buyer to do their own due diligence as to the potential tax benefits and other incentives associated with this classification.

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Central Oregon Association of Realtors logo © 2022 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Team Birtola High Desert Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Team Birtola High Desert Realty. Data last updated: .2022-11-30T12:50:52.203
www.bendoregonrealestate.com/homes/134347549
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1021 NE A Street Grants Pass, OR 97526

  • Price: $3,600,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 24 min ago
  • MLS #: 220155711
0
Beds
0
Baths
0
½ Baths
0.42
Acres
1,996
SQFT
$1,804
$/SQFT
1950
Built
County:
Josephine
Area:
Grants Pass
Property Description
Own this well-cared-for and high-demand apartment complex in NE Grants Pass. Units have been remodeled with each turnover and the current owner's high standards of maintenance are apparent upon visiting. Rents are up to date and the property managers have documents ready. Two of the units are currently undergoing renovations and will have freshly vetted tenants occupying all units soon. Sale subject to seller finding replacement property for 1031 exchange. This property appears to be located in an Opportunity Zone. Buyer to do their own due diligence as to the potential tax benefits and other incentives associated with this classification.
Exterior Features

Construction Materials Frame Exterior Features CourtyardPatio Foundation Details Slab Levels Two Lot Features Landscaped Parking Details Numberof Parking Spaces 35 Parking Details Parking Yes Parking Features Asphalt Roof Composition

Interior Features

Cooling Wall/Window Unit(S) Flooring CarpetVinyl Heating Baseboard

Property Features

Additional Parcels YN No CCAnd Rs YN No Cross Street Ne 10th Existing Lease Type Month To Month FIRPTAYN No Inclusions All 3 Washers And Dryers Incomeand Expenses Annual Amounts Cap Rate Perc 5.34 Incomeand Expenses Annual Amounts Estimated Gr 279576.00 Incomeand Expenses Annual Amounts Estimated To 76334.00 Incomeand Expenses Annual Amounts Net Operatin 208404.00 Listing Terms CashConventional New Construction YN No Owner Pays Common Area MaintenanceSewerTaxesWater Power Production Public Utilities Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 7975.00 Tax Year 2021 Tenant Pays Electricity Zoning R-4

Listing information © 2022 MLS of Central Oregon
Listing provided courtesy of John L. Scott Medford :541-719-8624.

Central Oregon Association of Realtors logo © 2022 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Team Birtola High Desert Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Team Birtola High Desert Realty. Data last updated: .2022-11-30T12:50:52.203
 
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Team Birtola High Desert Realty
101 NE Greenwood Ave Suite 100
Bend OR, 97701
Listing provided courtesy of John L. Scott Medford :541-719-8624.