1021 NE A STGrantsPass, OR97526

$3,600,000
$279,576 annual income
18378 sq. ft
SqFt15000to19999
Zoning: R-4
557 days on market

VestorFilter™

Price per ft²$195.89/ft²
Recent price drop$300,000
Price per acre$8.57M/ac
Time on market557 days

Property Description

Own this well-cared-for and high-demand apartment complex in NE Grants Pass. Units have been remodeled with each turnover and the current owner's high standards of maintenance are apparent upon visiting. Rents are up to date and the property managers have documents ready. Two of the units are currently undergoing renovations and will have freshly vetted tenants occupying all units soon. Sale subject to seller finding replacement property for 1031 exchange.

{{ compliance-logo }}Listing Provided By John L. Scott Medford

Financial Data

Date Sold2023-03-09
Sold Price$3,000,000
Price ChangeDropped $300,000 on 03/13/2023
Total $300,000 drop
Original Price$3,900,000
Current Price$3,600,000
Property Taxes$8,212

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Home Facts

StatusClosed
Year Built1950
Garage
MLS ID22197198