Description
Welcome to 1702 NE Fairview Avenue, a rare apartment complex centrally located in Grants Pass, Oregon. This public offering is a great opportunity to acquire an established, income-producing asset in the heart of the city's commerce corridor. The property consists of five units across one 2-story triplex and one single-story duplex on a corner lot. All units are currently occupied with low turnover; most tenants have long-term leases, and rents have been regularly increased to follow market growth, resulting in strong cash flow with room for further growth. The property enjoys a central location, walkable to conveniences like grocery stores, restaurants, retail shops, and Grants Pass High School, and is a short drive to I-5 access, schools, parks, and entertainment. 1702 NE Fairview is an attractive opportunity to unlock significant value in a desirable neighborhood within a historically growing city. Contact listing brokers for more info!
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School Information
Description
Welcome to 1702 NE Fairview Avenue, a rare apartment complex centrally located in Grants Pass, Oregon. This public offering is a great opportunity to acquire an established, income-producing asset in the heart of the city's commerce corridor. The property consists of five units across one 2-story triplex and one single-story duplex on a corner lot. All units are currently occupied with low turnover; most tenants have long-term leases, and rents have been regularly increased to follow market growth, resulting in strong cash flow with room for further growth. The property enjoys a central location, walkable to conveniences like grocery stores, restaurants, retail shops, and Grants Pass High School, and is a short drive to I-5 access, schools, parks, and entertainment. 1702 NE Fairview is an attractive opportunity to unlock significant value in a desirable neighborhood within a historically growing city. Contact listing brokers for more info!
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