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$1,799,000 / 3br - 6508ft2 - 12 units consisting of 7 individual cottages, 2 duplexes and one 3 bed (Grants Pass)

3251 Rogue River Hwy, Grants Pass, OR 97527

12 units consisting of 7 individual cottages, 2 duplexes and one 3 bed 1 thumbnail12 units consisting of 7 individual cottages, 2 duplexes and one 3 bed 2 thumbnail12 units consisting of 7 individual cottages, 2 duplexes and one 3 bed 3 thumbnail12 units consisting of 7 individual cottages, 2 duplexes and one 3 bed 4 thumbnail12 units consisting of 7 individual cottages, 2 duplexes and one 3 bed 5 thumbnail12 units consisting of 7 individual cottages, 2 duplexes and one 3 bed 6 thumbnail12 units consisting of 7 individual cottages, 2 duplexes and one 3 bed 7 thumbnail12 units consisting of 7 individual cottages, 2 duplexes and one 3 bed 8 thumbnail12 units consisting of 7 individual cottages, 2 duplexes and one 3 bed 9 thumbnail
3251 Rogue River Hwy

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3BR / 1Ba 6508ft2
license info: #201207277
Amazing investment opportunity with 12 units consisting of 7 individual cottages, 2 duplexes and one 3 bedroom home all set on 8 park like acres. Approx. $13,000 in rents and low expenses for a 6% cap rate using property management. Increased cap rate possible with next year's rent increases and self management. Constantly attracts tenants due to its spread out cottages in the trees and gorgeous grounds and beautifully maintained landscaping. The interiors of the cottages are updated, clean and full of charm. Many long-term tenants who have resided here for years. There is a nice community laundry facility with new coin-op washers and dryers. Many new roofs, new rain gutters, irrigation for watering, a great well, several fenced yards and updated interiors, and a common area. New ductless mini split HVAC units.

post id: 7756319399

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