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181 NW Bunnell Ave 8 Unit Apartment Building $825,000 ($103,125/Unit) Grants Pass, OR 97526
Executive Summary
Unique 8-plex investment opportunity in Grants Pass. Comprised of 3 -1 bedroom and 5 studio units, each equipped with kitchen areas and bathrooms. Remodeled extensivley in 2020, with comfort and livibility in mind. All inclusive tenant services and location sets the bar high for this strong 'cap-rate' income property. Great Income generator ... property extensively remodeled in 2020. 3 1-bedrooms, and 5 studios. On-site manager-assist #6, has prorated rent. Property is a PUD, with CC'Rs. Lobby and office furniture to convey with the property. Most units are ADA complient. Please contact the listing agent for more information.
Property Facts
| Price | $825,000 | Building Class | C |
| Price Per Unit | $103,125 | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 4,170 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1990/2020 |
| Apartment Style | Garden | Parking Ratio | 2.4/1,000 SF |
| Zoning | GC - General Commercial | ||
| Price | $825,000 |
| Price Per Unit | $103,125 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,170 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1990/2020 |
| Parking Ratio | 2.4/1,000 SF |
| Zoning | GC - General Commercial |
Amenities
Site Amenities
- Community-Wide WiFi
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | - | - |
| 1+1 | 3 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R333254 | Improvements Assessment | $671,180 |
| Land Assessment | $116,750 | Total Assessment | $787,930 |
Property Taxes
Parcel Number
R333254
Land Assessment
$116,750
Improvements Assessment
$671,180
Total Assessment
$787,930
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181 NW Bunnell Ave
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