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23558893
23558914

1990 Table Rock Rd, Medford, OR 97501

MB
OR 201344525
Call It Closed International Realty
Listed by Call It Closed International Realty
$1,175,000
371 days on market
Updated 78 days ago

Table Rock Fourplex

Details
APN 1058876-1
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,200
Units 4
NOI $25,200
Occupancy 100%
Class C
Year Built 1978
Buildings 1
Stories 2
Acreage 0.170
Zoning RR-3
Investment Type Stabilized

Cute Townhome Style Fourplex - Great Location in Medford OR

Marketing description

· Townhome Style Four-plex; Two stories; Living Room, Kitchen down and two bedrooms; 1 Bath up. Each unit +/-1,050 SF

· Each unit has its own private backyard; Common front yard fenced in a safe neighborhood. Car port parking + on street parking.

Owner pays water and garbage collection. Tenant pays its own electrical power bill and HVAC bill.

· Great location: back of Natural Grocers; ‘Big Y’ Newer Retail Center is closed by.

· Close to regional Costco, Trader’s Joe, Target & Rogue Valley Mall

· Easy on & off interstate 5 North Medford exit and Highway 99

· Best to live in one unit; rent out and collect rents from the 3 units

· Owner occupies one unit now; rent back at close of escrow or vacating unit for buyer.

· Unit #1: $1,000 Unit #2: 1,200 Unit #3: 1,300 Unit #4: owner occupied

· All units are month to month tenancy at this time.

· Average fair market rent: $1,500/month (current rents are below market)

· Rogue Valley Southern Oregon: Fastly Growing Region North of CA

Investment highlights

Garden setting four-plex at a convenient and great location.

Easy access to shopping at the newer ‘Big Y’ retail hub with Trader’s Joe and other restaurants.

Regional Costco is also north of Table Rock Road. Target and Walmart are off Crater Lake highway.

Live in one unit and rent out the rest for revenue offset the mortgage payments.

Listing Contacts

MB
OR 201344525
Call It Closed International Realty
Listed by Call It Closed International Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$25,200.00
$2,100.00/mo

Valuation Metrics

0
DSCR
2.14%
Cap Rate
2.14%
ROI

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Additional Information

Name
Madison Bordner
License
201344525
Brokerage
CIC International Realty
Brokerage Phone
5418213668
Title
Commercial RE Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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