4550 Rogue River Hwy - Multi-Family FOR SALE


Grants Pass, OR 97527
$1,100,000 USD
541-292-4444
4550 Rogue River Hwy, Grants Pass, OR for Sale
$1,100,000 USD
Multi-Family - FOR SALE
1/61
null | 7% Cap Rate

4550 Rogue River Hwy
Grants Pass, OR 97527


HIGHLIGHTS

  • Riverfront, Fully Occupied, 10-Units

OVERVIEW

Exceptional 10-unit multifamily investment property on the Rogue River! Featuring charming cottage-style homes, many with private decks that enhance curb appeal and outdoor living. Mature trees throughout the property create a serene, park-like setting with beautiful natural surroundings. Several units offer scenic river views, making this a truly unique and desirable rental community. Fully occupied, with current under market rents of. $8,785/month produces close to a 7% Cap Rate. Potential market rents are estimated at $12,775 and potential cap rate of 10.2%. Each unit includes electric heat, separate electric meters, block foundation, and ample parking. The property has a well & septic system helping keep costs low. Bonus RV pad with hookup and a coin-op laundry area offers additional income potential. A dedicated caregiver maintains the grounds for ease of ownership. Expand your portfolio with a high-demand, income-generating property in an unbeatable location.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$141 USD /SF

# OF UNITS

10

PRICE/UNIT

$110,000

CAP RATE

7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

10-unit multifamily property on the River!

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1.29 AC

LAND SF

56,192 SF

ZONING

RR-1

APN/PARCEL ID

R315703

ASK ABOUT THIS PROPERTY

Jake RockwellRockwell Group | eXp Realty, LLCMore Info
541-292-4444

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Jake RockwellRockwell Group | eXp Realty, LLCMore Info
541-292-4444

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