Introducing 540 W. 3rd Ave., a well-maintained, newer construction multifamily property in Junction City, Oregon. Constructed in 2015 by a well respected local developer, the property consists of seven thoughtfully designed townhouse-style units, each offering approximately 830 square feet with two bedrooms and one-and-one-half bathrooms. The quality of construction, floor plans, and attractive residential setting, have contributed to the property's exceptional performance.
The property has historically remained occupied with an approximate 1% historical vacancy rate throughout the seller's ownership, reflecting the strong demand for quality rental housing in the Junction City market. Consistent occupancy, coupled with professionally maintained improvements, provides investors with in-place stable cash flow.
Ideally suited for a local investor or those seeking to expand an existing multifamily portfolio, 540 W. 3rd Ave. offers the combination of quality construction, and proven rental demand. This property represents an outstanding opportunity to acquire a multifamily investment with income stability and long-term appreciation potential.
* Please do not disturb tenants - all showings to be coordinated through Brokers.