All properties · Multifamily
Bear Creek Eight
2140 Riverside Avenue · Medford, OR · 97501 · Jackson County
Available
$1,485,000
$185,625 per unit · $232 per sq ft
- Units
- 8
- Year built
- 1978
- Building
- 6,400 sq ft
- Lot
- 14,800 sq ft
- Occupancy
- 100%
- Cap rate
- 6.4%
- NOI
- $95,040
- GRM
- 9.8x
About the property
Fictional placeholder listing for demonstration.
Eight two-bedroom units in two single-story buildings on a corner lot a block from Bear Creek Greenway. Individually metered, pitched roofs replaced in 2019, off-street parking for twelve. Rents sit under market by roughly nine percent on the trailing twelve, with three leases rolling in the next six months.
Highlights
- Workforce rents, 100% occupied on the trailing twelve
- Roofs 2019, water heaters 2021
- Individually metered electric and gas
- Twelve off-street spaces, on-site laundry