230 Grant St - Multi-Family FOR SALE


Ashland, OR 97520
$3,000,000 USD
541-708-3975
230 Grant St, Ashland, OR for Sale
$3,000,000 USD
Multi-Family - FOR SALE
1/18
null | 2.82% Cap Rate

230 Grant St
Ashland, OR 97520


HIGHLIGHTS

  • Seller Financing Available
  • Variable Rates Starting at 2.5%
  • Five and Ten-Year Terms

OVERVIEW

Condominium development near parks, downtown entertainment, and Asante Ashland Community Hospital. Seller financing available with variable interest rates starting at 2.5% for terms of 5 and 10 years. Units range from 1,034 to 1,174 SqFt – each with two bedrooms and one full bathroom, open living and dining area, high ceilings, kitchen with granite tile counters, and all appliances included. Ground-level units with fully fenced private backyard and poured concrete patio. Average tenant occupancy of four years with current rent amount of $1,460. Association dues cover all exterior building maintenance – including roof, siding, and paint – along with 1.55 acres of common area landscaping with mature trees, plantings, and grass lawn. Inquire with agents to access additional due diligence and association documents, rent roll, P&Ls, amortization schedules, and proformas with capitalization rates up to 6.31% within five-year period.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$268 USD /SF

# OF UNITS

10

PRICE/UNIT

$300,000

CAP RATE

2.82%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hillview Condominiums

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2003

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

-

APN/PARCEL ID

10982928,10982929,10982930,10982932,10982935,10982936,10982937,10982938,10982939,10982940

ASK ABOUT THIS PROPERTY

Catherine Rowe TeamJohn L Scott Real EstateMore Info
541-708-3975

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Catherine Rowe TeamJohn L Scott Real EstateMore Info
541-708-3975

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.