230 Grant St - Apartments FOR SALE


Ashland, OR 97520
$2,250,000 USD
541-708-3975
230 Grant St, Ashland, OR for Sale
$2,250,000 USD
Apartments - FOR SALE
1/23
null | 4.38% Cap Rate

230 Grant St
Ashland, OR 97520


HIGHLIGHTS

  • Seller Financing Available; Minimum Short-Term AFR
  • Ten, Six, or Four-Unit Investment Opportunity
  • Rents Increased August 2026
  • Stable Long-Term Tennancy

OVERVIEW

Ten, six, or four-unit investment opportunity in Ashland's Hillview Condominiums near Scenic Park and Asante Ashland. Seller-carried financing available at ~3.99% AFR with 50% down, interest-only payments, with balloon due in three years. Each unit ranges from 1,034 to 1,174 SqFt with two bedrooms, one full bath, open living and dining space, high ceilings, in-unit laundry, kitchen with granite counters and all appliances included, dedicated parking, storage, and access to landscaped common areas. Ground-level units with fully fenced private backyards and poured concrete patios. Current gross monthly income is $15,730 across all ten units following rent increases effective August 1st, 2026. Stable tenancy averaging four-plus years, room for further rent growth, and association-maintained exterior building components including roofs, siding, paint, and landscaping. Complete investment analysis, rent roll, association documents, and due diligence materials available upon request.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$201 USD /SF

# OF UNITS

10

PRICE/UNIT

$225,000

CAP RATE

4.38%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hillview Condominiums

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2003

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

R-2

APN/PARCEL ID

10052777,10982923,10982924,10982925,10982926,10982927,10982928,10982929,10982930,10982931,10982932,10982936,10982938,10982939,10982940

ASK ABOUT THIS PROPERTY

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

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

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