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4550 Rogue River Highway

Grants Pass OR 97527

7798 sq. ft.
56192.4 sq. ft.
Multi-Family
Currently for sale - view listing

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.

Features

7798 sq. ft. floor area
56192.4 sq. ft. lot size
Multi-Family

Happy sellers in Grants Pass

85%
85% of sellers in Grants Pass reported that their sale price either exceeded or met their price expectations.

Grants Pass stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Grants Pass over the last 12 months.

Local market activity for multi families in Grants Pass

In the last 12 months, 3 multi families similar to 4550 Rogue River Highway, have been sold.

This represents a 50% decrease in multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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