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2000 Gekeler Lane

La Grande, OR 97850
  • $5,395,000
  • STATUS: Active
  • ON SITE: 78 Days
  • MLS #: 98924265
UPDATED: 16 min ago
$5,395,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 36,028
    SQFT
  • $150
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1972
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Intermountain MLS logoCourtesy of Keller Williams Realty Boise.

Description

Country West Apartments are now for sale. Awesome investment being sold at a 5% cash flow on current rents with more room to raise rents and value. Buy now and sell later when the interest rate goes down and make a pile of cash. This apartment complex is one of less than a dozen larger multifamily buildings in La Grande serving the students of Eastern Oregon University. The property is beautifully landscaped and sits at the base of the beautiful Umatilla National Forest with views of the mountains and city of La Grande. These units are always in demand by students and families so call today and take advantage of this great opportunity.

Directions: Take exit 265 toward US-30/OR-203/La Grande/Union. Go for 0.3 mi. Then 0.3 miles Turn left onto Highway 203 (US-30). Go for 2.8 mi. Then 2.8 miles Turn left onto 18th St. Go for 0.5 mi. Then 0.5 miles Turn right onto Gekeler Ln. Go for 0.3 mi.

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Intermountain MLS logo© 2024 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Explore Idaho Realty | Fathom Realty are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2024-12-06T15:10:48.023.
www.exploreidahorealty.com/homes/155397314
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2000 Gekeler Lane La Grande, OR 97850

  • Price: $5,395,000
  • Status: Active
  • On Site: 78 Days
  • Updated: 16 min ago
  • MLS #: 98924265
0
Beds
0
Baths
0
½ Baths
N/A
Acres
36,028
SQFT
$150
$/SQFT
1972
Built
Neighborhood:
0 Not Applic.
County:
Union
Area:
Out Of Area - 2000
Elementary School:
Central
Middle School:
La Grande
High School:
La Grande
School District:
La Grande School District 1
Property Description
Country West Apartments are now for sale. Awesome investment being sold at a 5% cash flow on current rents with more room to raise rents and value. Buy now and sell later when the interest rate goes down and make a pile of cash. This apartment complex is one of less than a dozen larger multifamily buildings in La Grande serving the students of Eastern Oregon University. The property is beautifully landscaped and sits at the base of the beautiful Umatilla National Forest with views of the mountains and city of La Grande. These units are always in demand by students and families so call today and take advantage of this great opportunity.

Directions: Take exit 265 toward US-30/OR-203/La Grande/Union. Go for 0.3 mi. Then 0.3 miles Turn left onto Highway 203 (US-30). Go for 2.8 mi. Then 2.8 miles Turn left onto 18th St. Go for 0.5 mi. Then 0.5 miles Turn right onto Gekeler Ln. Go for 0.3 mi.
Exterior Features

Construction Materials Wood Siding Fencing Partial Foundation Details Crawl Space Lot Features 1 - 4.99 AcresDog RunSidewalks Open Parking YN Yes Parking Features Finished Driveway Parking Total 50 Roof Composition

Interior Features

Above Grade Finished Area Units Square Feet Appliances Disposal (All Units)Stove/Range (All Units)Refrigerator (All Units)Washer/Dryer (No Units) Below Grade Finished Area Units Square Feet Building Area Total 36028 Cooling None Cooling YN No Flooring LaminateVinyl Heating Wall Furnace Heating YN Yes Laundry Features Washer/Dryer Hookups (No Units)

Property Features

Association Fee 0 Current Use 5+ Units Lot Size Dimensions 500x220 Net Operating Income 384332 Operating Expense 182234 Ownership Fee Simple Property Sub Type Apartment Tax Annual Amount 30455 Tax Legal Description 03S3808-DC-01100 Tax Year 2023 Utilities Sewer Connected Water Source City Service

Intermountain MLS logoCourtesy of Keller Williams Realty Boise: 208-672-9000.


Intermountain MLS logo© 2024 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Explore Idaho Realty | Fathom Realty are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2024-12-06T15:10:48.023.
 
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3525 E Longwing Ln
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Intermountain MLS logoCourtesy of Keller Williams Realty Boise.