Martin Outdoor Property Group, in coordination with Merit Commercial Real Estate, is pleased to exclusively present for sale 247 Lorraine Avenue, a clean and conventional 8-unit apartment complex located in Eagle Point, Oregon (the "Property"). A rare public offering of two adjacent fourplexes producing strong income in Eagle Point, the Property presents an opportunity for investors to step into an established asset in a mature and quickly growing neighborhood. This well-maintained property consists of two single-level fourplexes, offering (8) 655 SF, 1-bed / 1-bath units, with most units with long-term, senior tenants. Each unit enjoys a convenient and efficient floorplan, with each 'feeling' much larger than the stated square footage. The large entry and living rooms lead to a dining area, full-sized kitchen, storage, full bathroom and spacious bedroom, as well as including in-unit washer and dryer hookups. All units also enjoy a private patio, providing outdoor space for each tenant. Access is easy and convenient, with a large private parking lot for the Property including 11 dedicated parking spaces in addition to abundant street parking. The surrounding neighborhood is a mix of owner-occupied residential, some commercial, and other apartment complexes, and is very close to employers, parks, Hillside Elementary School, Eagle Point High School, as well as the renowned Eagle Point Golf Club. Located in a central location, the Property is a short drive to all that Eagle Point and the greater Rogue Valley has to offer. Note all affordability requirements previously affecting the Property have expired and all units may now be leased at full market rents. 247 Lorraine Avenue is an attractive opportunity to unlock significant value from both an established neighborhood and a proven sub-market. Please contact the brokers for more info.