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3251 Rogue River Hwy
Grants Pass, OR 97527
Fountain Park Cottages · Multifamily Property For Sale · 12 Units

PROPERTY FACTS

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 8.03 AC
Building Size 6,508 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1969/2017
Parking Ratio 1.08/1,000 SF
Zoning RR5 - RR5

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Range
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Courtyard
  • Laundry Facilities
  • Picnic Area

ABOUT 3251 ROGUE RIVER HWY , GRANTS PASS, OR 97527

These 12 individual 1 & 2 bedroom cottages also include a lovely remodeled 3 bedroom home all set on an 8 acre park-like setting. Property is conveniently located in Grants Pass and constantly attracts tenants due to its beautiful grounds with towering old growth evergreens and beautifully maintained landscaping. Truly an Oregon dream rental property with a phenomenal rental and income history. The current owners are offsite but maintain pride of ownership. The interiors of the cottages are unique and updated. 100% occupancy; many tenants have resided there for many years; with one for 12 years. There is a nice community laundry facility with new coin-op washers and dryers. Many new roofs, new rain gutter, Irrigation for watering, great well, several fenced yards and updated interiors, common area. New ductless mini split HVAC units. Fountain Park Cottages are a great investment in your future.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+1 1 - 1,138
2+1 1 - 580
1+1 10 - 340 - 640

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R315483
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$337,010
  • Listing ID: 16310525

  • Date on Market: 6/11/2019

  • Last Updated:

  • Address: 3251 Rogue River Hwy, Grants Pass, OR 97527

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