2000 Gekeler Lane
La Grande,
OR
97850
Property Details
List Price: |
$4,995,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
36028 |
Agency: |
Keller Williams Realty Boise |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1972 |
Notes: |
This is a beautiful property being offered at a 7.4% cap rate. Current rents on average are $105 below the market rent of $1,200. The sellers are leaving meat on the bone for the next investor. The Country West Apartments contains 41 units, all two bed 1 bath units. Most units have a patio with an attached storage unit. There is a laundry room and a fitness room for tenants to use. The property also has a fenced pet area in back. The roof was replaced 8 years ago along with new paint on the exterior and landscaping that won the reward for best landscape in La Grande. All landscaping has automated sprinklers and a drip system. The best part is the professional manager who is not afraid to push rents to new levels. Listing agent is related to both sellers. |
MlsNumber: |
98901396 |
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Listing Provided By: |
Keller Williams Realty Boise, original listing |
Name: |
Keller Williams Realty Boise |
Phone: |
(208) 672-9000 |
Office Name: |
Keller Williams Realty Boise |
Office Phone: |
(208) 672-9000 |
Agent Name: |
Jared Stasch |
Disclaimer: |
Copyright © 2024 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |