Grants Pass, OR 97526
- $1,800,000
- List Price
- $1,800,000
Property Description
Rare investment opportunity in a prime Grants Pass location! This 20 unit income producing property is positioned along the highly visible NW 6th Street corridor, offering excellent exposure, convenience, and long-term potential. Currently operating with a combination of long term and weekly rentals, this property offers strong income potential, a solid return on investment, and additional opportunities to increase revenue through future growth and rental strategies. The current ownership has made significant improvements throughout the property, including a new roof, new sewer lines, new parking lot, updated windows, doors, and exterior paint. 18 of the units have been fully remodeled, creating a turnkey investment opportunity with reduced deferred maintenance. Located minutes from downtown Grants Pass, shopping, restaurants, and services, this property sits in a strong rental market with convenient access to local amenities.
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Listing courtesy of John L Scott Real Estate Grants Pass.
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