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2921 Table Rock Road

Medford OR 97501

2672 sq. ft.
20037.6 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Current cap rate of 8.956% offers strong cash flow performance while recent improvements--including the addition, kitchen upgrades, and fresh paint--help reduce immediate capital expenditure needs. Investment opportunity with multiple income streams and future development potential. This versatile property currently features three rented residential units, four rented RV parking spaces, and six additional RV/boat parking spots with room to increase revenue. Zoned and positioned for future growth, the property can be divided into two separate lots, each allowing up to four units, creating exceptional long-term expansion potential for investors or developers. Rare combination of stabilized income, value-add opportunity, flexible parking/storage revenue, and future density potential in one property.

Features

2672 sq. ft. floor area
20037.6 sq. ft. lot size
Multi-Family

Property history for 2921 Table Rock Road

2023
Sold
$390,000
31 Aug 2023 by David Culbertson, of John L. Scott Medford

Happy sellers in Medford

~%

We have insufficient information to provide an overview of customer satisfaction for Medford. Viewing the agent profiles, reviews and sales for Medford can provide insights for this location.

Local market activity for multi families in Medford

In the last 12 months, 12 multi families similar to 2921 Table Rock Road, have been sold.

This represents a 33% decrease in multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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